The Polish Financial Supervision Authority (“KNF”) would like to alert all recipients that
1.Grand Marshall Ltd.with its registered office in Marshall Islands, administrator of a
platform: GrandTrade Exchange (www.grandtrade.exchange)
2.Grand Nova Ltd.with its registered office in Commonwealth of Dominica,
administrator of platforms: GrandTrade Exchange
(www.grandtrade.exchange), SwissTrade Exchange
(www.swisstrade.exchange) and LondonTrade Exchange
3.Capital Mog Co Ltd.
with its registered office in Japan, administrator of
platforms: SwissTrade Exchange
(www.swisstrade.exchange), LondonTrade Exchange
4.Clear Media Ltd.
with its registered office in Hong kong, administrator of
platform: TradeMarkets Exchange
conduct activities in the field of trading in financial instruments without a required
authorization or power of attorney as well as do not have the KNF’s license for conducting
banking activities, particularly accepting funds in order to expose them to risk.
Therefore, the KNF has filed a notification on a suspicion of committing an offence specified
in Article 178 of the Act of 29 July 2005 on Trading in Financial Instruments and submitted it
to the Regional Prosecutor’s Office in Warsaw as regards the business conducted under the
name indicated in point 1.
Thereafter, pursuant to Article 6b(6) of the Act of 21 July 2006 on Financial Market
Supervision, the Regional Prosecutor notified the KNF that the proceedings were extended to
include the business conducted under the name indicated in points 2-4. The Chair of the KNF
Board exercises his rights of the aggrieved party in the proceedings.
Therefore, we have added these entities to our list of unauthorized firms operating in Poland.
This list can be found at:
If you have any further questions on this matter please email us at firstname.lastname@example.org
(please include public warning, Grand Marshall Ltd. as a topic of your email).