Hong Kong’s SFC Blacklists Two Unlicensed Forex Brokers

[kreslik.news]

The Securities and Futures Commission (SFC) of Hong Kong added two new additions to its Alert List on Thursday. This time, it is KB Capitals and Times Global Capital Group Limited (TGC Group) that have the honour of being flagged by the financial watchdog.

According to the warning from Hong Kong’s securities watchdog, KB Capitals is an unauthorised entity offering financial services in Hong Kong. Previously, the firm claimed its legal address was Unit F, 11/F, CNT Tower, 338 Hennessy Road, Wanchai, Hong Kong. It did so under the name of Global Media Broadcast Limited.

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