Disclosure details -

British Virgin Islands Financial Services Commission

Year 2000Regulated by Government

The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.

Disclose broker

Danger Unauthorized

Vendor Investments

Disclosure summary

Disclosure matching Website matching
Disclosure time 2021-02-17
Reason for punishment The entity is not and has never been licensed or regulated to carry on investment business, or any financial services business, in or from within the Territory.

Disclosure details

Public Statement 5 of 2021 - VENDOR INVESTMENT GROUP

Public Statement 5 of 2021 - VENDOR INVESTMENT GROUP Public Statements PUBLIC STATEMENT VENDOR INVESTMENT GROUP Tortola, British Virgin Islands - 17 February 2021 - The British Virgin Islands Financial Services Commission (the "FSC") considers it necessary to issue this Public Statement in order to protect the customers, creditors or persons who may have been solicited to conduct business by VENDOR INVESTMENT GROUP and to make the general public aware that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business. The details are: VENDOR INVESTMENT GROUP is circulating a forged investment business licence and is falsely purporting to be authorised and licensed in the BVI for the purpose of carrying out investment business by dealing in investments as an entity licensed and regulated by the FSC. The FSC hereby informs the public that VENDOR INVESTMENT GROUP is not and has never been licensed or regulated to carry on investment business, or any financial services business, in or from within the Territory. Members of the public are advised to exercise extreme caution if solicited at any time to conduct business with VENDOR INVESTMENT GROUP. The public is invited to provide the FSC with any relevant information on any questionable entities which are purportedly operating in or from within the Territory, and on any improper activities engaged in by such entities. The FSC has issued this Public Statement pursuant to Section 37A of the Financial Services Commission Act, 2001.

Annex

Screenshot 1

More regulatory disclosure

Danger

2022-09-16

Public Statement 13 of 2022 - B.O. TRADEFINANCIALS LTD. and AFFILIATETRADE247 INVESTMENT TEAM