Tiger International Clarification: Allegations of "Non-cooperation with Regulation" or "Confrontation with Regulation" Are Completely Untrue

BlockBeats News, May 23rd - Tiger Brokers issued a statement in response to recent rumors about its "refusal to cooperate with regulation" or "defiance against regulation," clarifying that these statements are completely false. Tiger Brokers stated that compliance is the lifeline of its business. In response to the latest regulatory requirements put forward by regulatory authorities, the company will strictly follow the guidance of the China Securities Regulatory Commission and other relevant regulators for rectification. Since 2023, the company has completely stopped onboarding and marketing to mainland Chinese users, with the proportion of mainland clients' assets accounting for approximately 10% by the end of the first quarter of 2026. The company's overseas market clients and assets have seen steady growth, and the company will steadily advance its compliance work to safeguard client asset security.

In recent news, regarding the China Securities Regulatory Commission's announcement on the crackdown on illegal cross-border securities and futures fund management activities and related penalties, Tiger Brokers (Hong Kong) Global Limited Chief Operating Officer Wang Shan stated that they are aware of the relevant notice issued by the China Securities Regulatory Commission (CSRC). The company emphasized that the notice does not directly apply to its Hong Kong entity. The company holds a license issued by the Securities and Futures Commission of Hong Kong (SFC), operates independently, and is regulated as a licensed corporation by the SFC.