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Get to know falcon private wealth ltd.

Falcon Private Wealth Ltd. was the London-based entity of Falcon Private Bank AG, a Swiss private banking institution headquartered in Zurich. Originally founded in 1965 and later owned by Abu Dhabi's sovereign wealth fund Mubadala, the bank specialized in providing comprehensive wealth management services to a global clientele of high-net-worth individuals and families, with a strong focus on clients from the Middle East and Asia. The bank's history came to an end after it was deeply implicated in the 1Malaysia Development Berhad (1MDB) corruption scandal. Financial regulators in both Switzerland (FINMA) and Singapore (MAS) found serious failures in anti-money laundering controls related to the scandal, leading to the withdrawal of its banking license and an orderly wind-down of all business activities, which was completed by early 2021.

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Financial Wealth ManagementPRIMARY
Financial Other Service

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falcon private wealth ltd.

United Kingdom

Founded in

1972 (54 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.