The Hong Kong Monetary Authority (HKMA) issued a public alert about the website https://interprivatesbankinghk.com/, stating that “International Private Banking Hong Kong” referenced on the site is not authorised under the Banking Ordinance to carry on banking business or the business of taking deposits in Hong Kong. The HKMA also said the entity does not have approval to establish a local representative office in Hong Kong. The alert reminds the public to verify the status of any organisation offering bank accounts or soliciting deposits online before transferring funds or providing personal information, and notes that a list of authorised institutions is available on the HKMA’s website.