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Name: Berenberg Private Banking
Type: Unlicensed entities
Remarks: Financial Conduct Authority (FCA), UK has confirmed that this company has no association with the FCA authorised firm, Joh. Berenberg, Gossler & Co. KG. The company also uses the name Berenberg Investments. It uses bank accounts in Hong Kong in the names of Joy Globe Limited and Trade Smooth Limited for settlement.
Add date: 21 Apr 2016
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.
Unlicensed entities

Sometimes entities appear to target Hong Kong investors whilst not having been licensed to carry out regulated activities in Hong Kong. They often adopt names similar to legitimate financial institutions to confuse investors. Alternatively, such unlicensed entities may provide financial investment trading platforms on the Internet. If you deal with a company which is not licensed by the SFC, you may not be protected by the regulatory framework enforced by the SFC.

Deal only with licensed entities and hang up on cold callers. To check whether an entity is an SFC licensee, visit our Public Register of Licensed Persons and Registered Institutions.

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