Hong Kong SFC adds Japanese broker Daikyo Brokerage Limited to its Alert List

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 retail forex broker Daikyo Brokerage Limited, operating at daikyo-brokerage-limited.com.

According to the SFC, unlicensed broker Daikyo Brokerage Limited uses a bank account in Hong Kong by the name of PVSS Holdings Limited for settlement.

The SFC’s warning follows a similar warning against Daikyo issued earlier this year by Austria’s Financial Market Authority (FMA).

The SFC Alert List can be seen here.

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