Financial Watchdog in Hong Kong Adds Two More Firms to Blacklist

[kreslik.news]

The Securities and Futures Commission (SFC), an independent regulatory body in Hong Kong, has issued a warning against the suspicious activities of several unregistered entities, advising investors to abstain from doing business with these firms.

The two retail FX brokers, LFG (Asia) Limited and Apuro Forex, have come under scrutiny by the watchdog for offering a variety of currency trading services without the required authorisation, according to an SFC statement.


The denouncements follow a suite of similar blacklistings over the last few months. Under the guidelines, companies offering trading in derivatives to Hong Kong investors ... (read more)