The Bank of Portugal (BdP) warned on Monday that www.flatexag.co does not have and has never been authorized to “provide, mediate and conduct credit advice,” according to a note on its website.
“Banco de Portugal warns that the purported entity that operated through the www.flatexag.co website and info@flatexag.co email address does not currently have and has never been authorized to carry out any financial activity in Portugal. for institutions supervised by the Banco de Portugal, namely the provision of credit, intermediation and advice on loans “, paying attention” not to be confused with any other similar name “.
The institution recalled that “the activity on granting a loan, provided for in subparagraph b) of paragraph 1 of Article 4 of the General Regime of Credit Institutions and Financial Companies (approved by Decree-Law No. 298/92 of December 31), and intermediary and credit advisory activities provided for in Article 4 and paragraph p) of Article 3 of the legal regime approved by Decree-Law No. 81-C / 2017 of July 7, is reserved for organizations authorized to implement them, in accordance with the provisions, respectively, of Article 10 and Articles 5 and 7 of these diplomas. “
The BdP also warned that although organizations authorized to carry out loan concessions, intermediary and advisory activities are included in the lists available on the Banking Client Portal available on the Bank of Portugal website, they have achieved their knowledge of “situations in which the name authorized persons are misused by third parties in fraudulent schemes, so if in doubt, you can contact Banco de Portugal by email at info@bportugal.pt. “
