Purpose

The Singapore foreign exchange market is an emerging forex market that developed in the 1970s alongside the rise of the Asian dollar market. As the world's fourth-largest forex trading hub, it attracts numerous international financial institutions and investors due to its advantageous geographical location, stable political environment, robust financial infrastructure, and open financial policies. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Singapore.

Process

The on-site inspection team visited the forex broker Assets Solutions in Singapore as planned. According to public information, its office address is 12 MARINA BOULEVARD, TOWER 3, #17 - 01 MARINA BAY FINANCIAL CENTRE, SINGAPORE 018982.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, traveled to Singapore following a well-planned schedule. Based on the aforementioned information, they conducted an on-site visit to the dealer Assets Solutions.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the dealer Assets Solutions claimed to be located at the aforementioned address.

The inspection personnel successfully arrived at the target building, which is one of the best office towers in Singapore, located in the bustling financial district with a luxurious surrounding environment and a strong commercial atmosphere. The map location exudes opulence, and the building houses large financial companies. However, no company signage or related information of Assets Solutions was found on the exterior of the building.

The on-site inspector entered the building lobby and, after stating their purpose to the security personnel, was granted entry permission. Upon entering the lobby, they looked around but did not find any signage for the company in question.

Due to the inability to obtain access to the target floor (17th floor), the field investigator could not reach the specific floor and confirm the exact location of the company. As a result, it was impossible to determine whether the company's office area had clear signage or security measures, let alone enter the premises. Additionally, they were unable to photograph the reception desk or its logo, and the office space was not a shared workspace.

Since access to the company's interior was not possible, there was no opportunity to observe the internal office environment. Overall, despite arriving at such a luxurious building, no obvious signs of the existence of the trader Assets Solutions were found, which created a significant gap compared to the expectations before the on-site inspection.

Therefore, after on-site verification, it was confirmed that the dealer Assets Solutions does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker Assets Solutions in Singapore as planned. At the publicly displayed business address, no information such as the company name of the broker could be found, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be considered as the final basis for decision-making.