The Brazil Securities Commission (CVM) issued a market alert and ordered the immediate suspension of public offerings of securities intermediation services by a group of Onequity-branded entities, citing indications they were soliciting clients resident in Brazil without authorisation. CVM’s Superintendence of Market and Intermediaries Relations (SMI) identified indications that Onequity LTD, Onequity (MU) LTD, Onequity SA (PTY) LTD, Onequity LTD (Saint Lucia), Onequity LLC and Oneq Global LTD were seeking to attract Brazilian residents via https://onequity.com/pt/ to conduct securities transactions. CVM stated the firms are not authorised to intermediate securities or to raise funds from investors for investment in securities, and formalised the determination through Declaratory Act CVM 24,492.