The Banking, Finance and Insurance Commission (CBFA) warns the public against the activities of Neworld Wealth Management (www.NeworldWealth.com), which is contacting Belgian investors with a view to offering investment services.
Neworld Wealth Management claims to be a "brokerage and venture capital firm" and a "financial advisor" with premises at 35/F Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. Neworld Wealth Management does not have the authorization in Belgium necessary to offer investment services in or from Belgium.
The CBFA thus advises the Belgian public against responding to any offers of investment services made in the name of Neworld Wealth Management and against transferring money to any account number they might mention.
Anyone wishing more generally to enquire as to the regularity of any transaction proposed can find further information on the "Consumer Protection" page of the CBFA web site (www.cbfa.be) or by contacting the “Protection of Consumers of Financial Services” Department (telephone:+32 2 220 59 10; email address: peri@cbfa.be).
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