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Screenshot of a breaking news alert e-mail from Q2 2017
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 is the company IFIG Asia, operating at www.ifighk-asia.com.
According to the SFC, IFIG Asia gives a certain Hong Kong address but it is not located there. It uses a bank account in Hong Kong in the name of Almonds Limited for settlement. The website falsely claimed that it was related to Integrated Financial Investment Group Limited, which is a dissolved Hong Kong incorporated company.
The SFC Alert List can be seen here.