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"Your Money is a Trust": Cabinet Warns of the Dangers of Unlicensed Financial Platforms
5/4/2026

The video, published by the Cabinet's Media Center on its social media platforms, warns citizens of the risks of fraud through unlicensed financial platforms and highlights the role of the Financial Regulatory Authority in combating it.

This comes within the framework of the state's commitment to enhancing public awareness of the dangers of electronic fraud and providing citizens with the necessary information and guidance to protect their personal and financial data. It also aligns with the efforts of the Financial Regulatory Authority to regulate non-banking financial markets, contributing to their stability, protecting the rights of market participants, and maintaining market integrity and transparency.

The video concluded by emphasizing that public awareness is the first line of defense in protecting citizens' money from fraud attempts.

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