The Financial Services and Markets Authority (FSMA) warns the public against the activities of Nippon Holdings (or Nippon Capital Asset Management) and Osaka Financial, that offer investment services.
Nippon Holdings (or Nippon Capital Asset Management) and Osaka Financial are not authorized investment firms in Belgium. They are therefore not allowed to provide investment services in or from Belgium.
Moreover, according to the information available to the FSMA, the activities proposed could be of a fraudulent nature, i.e. boiler room fraud. More information on this form of fraud is available in the general warning published by the FSMA on 4 May 2016.
The FSMA thus strongly advises against responding to any offer of financial service made by Nippon Holdings (or Nippon Capital Asset Management) and Osaka Financial and against transferring money to any account number they might mention.
Nippon Holdings (or Nippon Capital Asset Management) uses the website www.nipponholdings.com, the phone number +81 645 604 471 and the email addresses email@example.com and firstname.lastname@example.org. It claims to have its registered office in Japan (24F Abeno Harukas, 1-1-43 Abeno-suji, Abeno-ku, Osaka 545-0052). It uses a bank account said to have been opened in the name of the company Able Century Limited with Hang Seng Bank Ltd (Hong Kong) and a bank account said to have been opened in the name of the company Glory Jet Limited, likewise with Hang Seng Bank Ltd (Hong Kong).
Nippon Holdings (or Nippon Capital Asset Management) also works with the Franklin Transfer Services company, which claims to be a transfer agent. The latter company uses the website www.franklinfinancial.net and the email address email@example.com. It claims to have its registered office in South Africa (Musgrave Centre, 8th Floor, 115-125 Musgrave Road, Durban 4062, KwaZulu-Natal).
As for Osaka Financial, it uses the website www.osakafinancial.com, the email address firstname.lastname@example.org and the phone number +81 645 604 970. It claims to have its registered office in Japan (28f, Grand Front Osaka Tower B, 3-1 Ofuka-cho, Kita-ku, Osaka 230-0011). This company claims to have taken over the activities of Nippon Holdings (Nippon Capital Asset Management). It has been the subject of a warning issued by the Netherlands Authority for the Financial Markets (AFM), dated 17 February 2016.
Nippon Holdings (Nippon Capital Asset Management) and Osaka Financial are suspected of having ties with Mitsui Credit Global (Mitsui Credits) and Fuji Credit Asset Management, companies about which the FSMA has also published a warning.
If you wish to check in general whether a proposed transaction complies with the financial regulations, please use the search function (available in Dutch and French only) on the website of the FSMA. You can also contact the FSMA (email address: email@example.com).