The Hong Kong Monetary Authority (HKMA) has issued a warning to the public in Hong Kong regarding a specific website, topasiafinance-hk.com. The HKMA states that the firm mentioned on the website is not authorized by the HKMA to conduct banking business or accept deposits in Hong Kong under the Banking Ordinance. Additionally, the firm does not have the approval of the HKMA to establish a local representative office in Hong Kong. Therefore, the HKMA advises the public to exercise caution and verify the status of any organization offering bank accounts or soliciting deposits online before transferring funds or providing personal information.
To ensure the legitimacy of an entity operating in Hong Kong, individuals can refer to the list of authorized institutions available on the HKMA’s official website. Furthermore, if there are concerns about an organization soliciting deposits or presenting itself as a bank or deposit-taking company in Hong Kong, individuals can contact the HKMA’s public enquiry service via email at publicenquiry@hkma.gov.hk for further clarification.
Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/04/20240417-3/