NBS warning: Questra

Národná banka Slovenska warns the public about the activity of the company Questra (operating also under the business names Questra Holdings or Questra World), having its registered office address at Paseo de la Castellana, 9 Madrid, Spain. The company is marketing investment products in Slovakia while not meeting its statutory obligations under Slovak law.

Questra offers investors high returns via investments in the portfolio of products of the company Atlantic Global Asset Management. The company markets its services on its official website https://questraworld.es, where a Slovak language presentation is also offered. The services of the company Questra may also be marketed on various Slovak websites that are not official websites of the company.

Národná banka Slovenska, as the competent authority for issuing authorisations under the laws regulating the Slovak financial market, points out that none of the above companies has been issued with an authorisation to conduct business in Slovakia as required by Act No 566/2001 Coll. on securities and investment services (and amending certain laws), as amended (“the Securities Act”). Also, none of the above companies is authorised to conduct business in Slovakia under Act No 186/2009 Coll. on financial intermediation and financial advisory services (and amending certain laws), as amended. Nor does NBS have any record of the companies as providers of investment services under the European Union’s “single passport” regime.

NBS further points out that the company also has no permission to sell its services in Slovakia through a third party.

The business activity of Questra is not subject to the supervision of Národná banka Slovenska, and funds invested with the company are not covered by the Investment Guarantee Fund under the Securities Act.