The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of an entity operating by the name of Siliconcorp (“the Entity”) which has an internet presence at https://www.siliconscorp.com/. The Entity purports to be “an asset and wealth management organisation” and falsely claims to be associated with a Maltese registered company.
The MFSA wishes to alert the public that Siliconcorp is NEITHER a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any financial services which are required to be licensed or otherwise authorised under Maltese law. The public should refrain from entering into any transactions or otherwise dealing with the above-mentioned entity on any matters falling within the parameters of the Investment Services Act, Chapter 370 of the Laws of Malta.
The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. Investors should also be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media.
A list of entities licensed by the MFSA can be viewed on the official website of the MFSA at https://www.mfsa.mt/financial-services-register/.