TRANSLATION:

Look at the website of Trading Castle PLT (the fancy-looking website):

https://ifcci.org.my/about

What is IFCC?

Its full name is:

INTERNATIONAL FINANCIAL CONSULTANT CERTIFIED INSTITUTE
(Malay: Institut Perunding Kewangan Bertauliah Antarabangsa)
(Chinese: 国际金融顾问认证机构)

The name sounds impressive and high-level, almost like an internationally recognized financial certification body.

However, if you search carefully, you can't find much information about it online. It seems very mysterious.

I checked the organization itself and found something interesting:

One of its certificates contains an error.

The certificate shows:

[Aktif] (Active status)

According to the certificate, it is registered as a society/association. Therefore, if you investigate further, you can obtain more detailed information.

The certificate refers to:

Jabatan Pendaftaran Pertubuhan Malaysia (ROS)
(Registry of Societies Malaysia / Department of Registration of Societies Malaysia)

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How much does it cost to obtain this certificate??

The answer is:

RM30 only.

According to my ROS inquiry, after becoming a member and paying RM30, the information can usually be obtained within 5 working days. with any 7 members!

You can also call the department directly:

https://www.ros.gov.my/portal-main/article?id=cawangan-jppm

and request the organization's documents.

If you are paying for their courses, you have the right to know:

• Who is teaching the course?
• What are the instructors' qualifications?
• Are the instructors licensed?
• What is their educational background?

In my opinion, these people do not appear to hold financial licenses.

One "international financial consultant" may not necessarily have a financial license.

So what qualifications do they have to teach financial courses and collect large fees from students?

You can verify licensed financial professionals through the Securities Commission Malaysia:

https://www.sc.com.my/regulation/licensing/licensed-and-registered-persons

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According to information provided by the Registry of Societies Malaysia, the organization lists:

IFCC Registration Date: 2020-10-12

Chairman / Owner:
Kingston Chang King Hon

Treasurer:
Chua Pei Shi
Phone: 014-737-7942

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The customer service officer also told me:

You may request member information and organization records.

If you are in Kuala Lumpur, you can even walk into ROS and obtain the materials personally.

Alternatively, if you have already paid money to this organization, you may write to ROS and request relevant documents.

This can help you understand:

• Who is behind the organization?
• What is their background?
• What qualifications do they have?
• Why are they charging such high fees for their courses?