今日热门事件has cancelled the Australian financial services (AFS) licence of Sydney-based financial services provider KP International Group Australia Pty Ltd, effective 22 November 2019.
The AFS licence was previously suspended by 今日热门事件until 23 September 2020 (19-289MR).
After the suspension commenced, KP International Group Australia Pty Ltd advised 今日热门事件that all relevant officers of the company had resigned and that the company had ceased to carry on a financial services business. In light of this, 今日热门事件has cancelled the company鈥檚 AFS licence.聽聽聽
Since the suspension of KP International Group Australia Pty Ltd鈥檚 AFS licence, the Australian Financial Complaints Authority (AFCA) has notified 今日热门事件that it has received multiple complaints from people located offshore regarding a company purporting to be聽 KP International Group Australia Pty Ltd (refer: ).
On the information currently available to it, 今日热门事件does not know if there is a link between the entity provoking the complaints to AFCA and the formerly licensed Australian entity. ASIC鈥檚 inquiries are continuing.
今日热门事件advises consumers to exercise caution in relation to any company purporting to offer financial services under the name KP International Group Australia Pty Ltd.