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Regulation Institute

Regulation Institutes
FCA ASIC NFA FMA SFC CGSE CYSEC FSPR CFFEX VFSC FSC FINMA FSA CIMA MFSA FINTRAC DFSA SCB BaFin FSA BDF CBR NBRB FSCA CBI FSC CNMV IFSC MAS
The Chinese Gold & Silver Exchange Society

The Chinese Gold & Silver Exchange Society

The Hong Kong gold and silver trade center is only a trade association, not a government regulatory function, there is no regulatory authority.All the members of the council board of directors of the trade field are the heads of the gold companies, who are both athletes and referees, and cannot guarantee the fairness and transparency of the supervision.The securities and futures commission of Hong Kong limited financial investment to 20 times the leverage, but the gold margin companies in the Hong Kong gold and silver exchange are basically 100 times leverage, greatly exceeding the requirements of the securities and futures commission of Hong Kong.Many gold trading companies in Hong Kong receive remittances from individual transit Banks and can do so with third parties, completely failing to comply with international regulations on money laundering and financial risk control.The Hong Kong gold and silver trade center has neither given advance warning nor dealt with the illegal ACTS of companies like zhongtian and hengxin, but merely issued a public notice to try to clear the relationship and shift the responsibility.

  • Authority

  • Fairness