Important information regarding “MWH Markets”
MWH Capital Pty Ltd holds Australian Financial Services Licence (AFSL) number 338141 and is a wholly owned subsidiary of Powerwrap Limited.
On 19 May 2021, Powerwrap Limited became aware of a company – “MWH Markets” – displaying on its website the AFSL number for MWH Capital Pty Ltd.
This matter has been reported to the Australian Securities and Investments Commission (ASIC) who is Australia’s integrated corporate, markets, financial services and consumer credit regulator and it is currently under investigation by them.
After this report, it has been requested by ASIC that Powerwrap Limited add a warning to our website regarding “MWH Markets” to alert customers and potential customers to the issue.
Neither Powerwrap Limited nor MWH Capital Pty Ltd have, now or in the past, any association with “MWH Markets” whatsoever. Furthermore, for absolute clarity, “MWH Markets” is not, and has never been, licensed by MWH Capital Pty Ltd.
If you have any questions regarding this information, please contact James Edmonds via email here.