Enquiries about London Gold

In response to media enquiries about a firm allegedly claiming that it is being supervised by the Hong Kong Monetary Authority (HKMA) to conduct “London Gold” trading on behalf of its customers, the HKMA would like to remind the public that the lists of institutions under its supervision can be found on the HKMA website for public inspection:

Authorized institutions
http://www.hkma.gov.hk/eng/key-functions/banking-stability/banking-policy-and-supervision/three-tier-banking-system.shtml

Stored value facility licensees
http://www.hkma.gov.hk/eng/key-functions/international-financial-centre/regulatory-regime-for-svf-and-rps/regulation-of-svf/register-of-svf-licensees.shtml

Approved money brokers
http://www.hkma.gov.hk/eng/key-functions/banking-stability/banking-policy-and-supervision/regulation-of-money-brokers.shtml

The HKMA reiterates that “London Gold” and the related investment activities are not under the regulation of the HKMA.

Members of the public who suspect that they are victims of fraudulent acts should contact the Police or the Commercial Crime Bureau of the Hong Kong Police Force at 2860 5012 for follow-up actions and investigation by the Police.

Hong Kong Monetary Authority
9 March 2018