Disclosure details -

Financial Markets Authority

Year 2011Regulated by Government

The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.

Disclose broker

Danger Unauthorized

WTi

Disclosure summary

Disclosure matching Website matching
Disclosure time 2024-07-25
Reason for punishment The FMA is concerned that wti-hk.com may be operating a scam.

Disclosure details

wti-hk.com – imposter website

25 July 2024 wti-hk.com – imposter website SHARE THIS The FMA is concerned that wti-hk.com may be operating a scam. We understand wti-hk.com is mis-using the registration details of Well Trading International Limited, an entity incorporated in New Zealand. We note the Monetary Authority of Singapore included wti-hk.com on their Investor Alert List on 9 June 2021. Investor Alert List - Monetary Authority of Singapore wti-hk.com or its operator is not a registered financial service provider in New Zealand or licensed by the FMA. We therefore recommend exercising caution when dealing with wti-hk.com. Entity name: wti-hk.com Website: www.wti-hk.com

Annex

Screenshot 1

More regulatory disclosure

Danger

2022-02-02

Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites