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New Zealand's FMA Warns Against Vivier and Company Limited

Source: Fanny

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The New Zealand's Financial Markets Authority (FMA) today published a warning on its website against Vivier and Company Limited(Vivier).

The firm is using or giving the following details:

  • Entity Name: Vivier and Company Limited 

  • Website: https://vivierco.com/

  • Email: client.service@viviergroup.com

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As detailed in the notice, the regulatory body said that materials and information published by Vivier on the internet and on its website may mislead investors that Vivier provides financial services in New Zealand or from New Zealand.

As seen on its website, Vivier claimed it is currently regulated by FMA. In fact, the suspicious company is not a registered financial service provider in New Zealand and is not regulated in New Zealand.

FMA concerned that those misleading statements may inflate the extent to which investors and their investments are protected by virtue of Vivier being incorporated as a company in New Zealand.

Despite having been de-registered from being a financial service provider in New Zealand since 2016 and knowing clearly that Vivier is not and was never supervised by the FMA, Vivier has failed to remove and update its website(s) and online publications that contain obsolete, false and misleading information.

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