Website alert: Saqs Investment
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the
public in Hong Kong that:
Saqs Investment as referred to on
the website of https://www. saqsinvestment. com/ does not have the
Monetary Authority (MA)’s authorization under the Banking Ordinance
(the Ordinance) to carry on banking business, or the business of
taking deposits, in Hong Kong; and it does not have the approval of
the MA to establish a local representative office in Hong Kong under
the Ordinance.
Given the global nature of the Internet,
members of the public are reminded to verify the status of any
organisation making use of the Internet to offer bank accounts to,
solicit deposits from, the public in Hong Kong prior to transferring
any funds to, or providing any personal information to, any such
organisation.
A list of authorized institutions is available
on the HKMA’s website (www. hkma. gov. hk). Members of the public may
also check the status of any entity which appears to be soliciting
deposits from the public in Hong Kong, or holding itself out as a bank
or deposit-taking company in Hong Kong, by emailing the HKMA’s public
enquiry service (publicenquiry@hkma. gov. hk). Hong Kong Monetary
Authority 31 December 2024