Beware of claims made by XOXA BANK

Investor warnings - News

Montréal, May 1, 2020 – The Autorité des marchés financiers (AMF) cautions Québec consumers about claims made by XOXA BANK on its website.

The site states that XOXA BANK is a financing platform registered with the AMF as an ”Advisor in Participative Investments.” No such registration category exists under the laws administered by the AMF. In fact, XOXA BANK is not registered in any capacity with the AMF.

The AMF is taking the necessary steps to set the record straight.

The Autorité des marchés financiers is the regulatory and oversight body for Québec’s financial sector.

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