The Securities and Exchange Commission of Sri Lanka (SEC) announced that “Gladius South Asia” is not licensed to operate as a market participant in Sri Lanka or abroad.
Clarifying in a statement on ‘X’, the SEC said it does not regulate or issue licenses for entities to function in foreign jurisdictions.
“It has come to the attention of the SEC that Gladius South Asia, in some instances, informs clients that it is licensed by the Financial Conduct Authority (FCA) in the United Kingdom. However, the FCA has officially confirmed to the SEC that Gladius South Asia is not a registered entity with the FCA,” the statement further said.
As such, the SEC requested the public to note that all financial services activities must be authorized or registered by the Financial Conduct Authority (FCA) in the United Kingdom. (Newswire)
Alert!
The Securities and Exchange Commission of Sri Lanka (SEC) wishes to inform the public that “Gladius South Asia” is not licensed by the SEC to operate as a Market Participant within or outside Sri Lanka. The SEC does not regulate, nor does it grant licenses for entities to… pic.twitter.com/aFNWtxLrbo
— SEC SL – Capital Market Development & Awareness (@SEC_SriLanka) December 9, 2025