Hong Kong SFC adds Featherstone Pte Limited and Safe Mark Limited to its alert list

sfc warning

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong.

Added to the SFC Alert List are the companies Featherstone Pte Limited and Safe Mark Limited, both operating at www.safemarkhk.com.

According to the SFC, the Hong Kong addresses provided on both companies’ websites are invalid. These companies are apparently associated with CTI Limited and AWDH Trading Limited, other entities on the SFC’s Alert List. They use bank accounts in Hong Kong in the names of Charm Assets Limited and Kimsfer International Company Limited for settlement.

The SFC Alert List can be seen here.

Read Also: