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Entities that are not authorised to accept deposits or other repayable funds: OneLife Network Limited, OneCoin Limited e One Network Services Ltd
27 Nov. 2017
- Banco de Portugal warns that OneLife Network Limited (Belize), OneCoin Limited (Dubai) and One Network Services Ltd (Bulgaria), acting in their own name or through third parties, under the trading name “Onecoin” and “Onelife”, are not on this date and never were authorized – in Portuguese territory – to accept deposits or other repayable funds (nor to carry on any other financial activity subject to the supervision of Banco de Portugal).
- The acceptance of deposits or other repayable funds as envisaged in Article 4 (1) (a) of the Legal Framework of Credit Institutions and Financial Companies (approved by Decree-Law No 298/92 of 31 December 1992), may only be performed by authorised undertakings, as laid down in Article 10 of the Legal Framework, whose list is available for consultation on Banco de Portugal’s website.