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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
Disclosure summary
  • Disclosure matching Website matching
  • Disclosure time 2022-10-06
  • Reason for punishment The entity is not registered in New Zealand to provide financial services in New Zealand
Disclosure details

Investor alert: Kemik not registered to provide financial advice in New Zealand

06 October 2022 Investor alert: Kemik not registered to provide financial advice in New Zealand FMA recommends caution when dealing with Kemik and their website, www.kem-ik.com. It has been brought to our attention that a New Zealand resident is unable to withdraw the funds they invested with Kemik. We are concerned that Kemik may be providing financial services to New Zealand residents without being registered on the Financial Service Providers Register. We are also concerned there is information on the website operated by Kemik that could potentially mislead the general public into believing that they are regulated in Singapore. We note that there is no record for Kemik on the Monetary Authority of Singapore’s financial institution register. We are aware that the following Hong Kong bank accounts are being used by Kemik to receive funds from individuals: Bank: Hang Seng Bank Limited Account holder: Cheung Sze Wai Account number: 372650523888 Account holder’s address: Flat 539 Garden Commercial Building, Mong Kok, Hong Kong 999077 Bank: Hang Seng Bank Limited Account holder: Wong Chi Fai Account number: 780438701888 Account holder’s address: Flat 526 Garden Commercial Building, Mong Kok, Hong Kong 999077 Bank: Hang Seng Bank Limited Account holder: Suen Kayee Account number: 920609625888 Account holder’s address: Flat 528 Garden Commercial Building, Mong Kok, Hong Kong 999077 Bank: Hang Seng Bank Limited Account holder: Lin Yumei Account number: 777524653888 Account holder’s address: Flat 544 Garden Commercial Building, Mong Kok, Hong Kong 999077 Bank: Hang Seng Bank Limited Account holder: Ho Ho Yin Account number: 938634490888 Account holder’s address: 83 Des Voeux Road Central, Hong Kong 999077 Entity name: Kemik Phone: +852-63703631 Website: www.kem-ik.com
Annex
More regulatory disclosure

Danger

2024-08-20

Danger

2024-03-22
BALTS CAPITAL
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Danger

2024-08-21
INFINITE FX
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