International Investment Monetary Fund (Amended and Re-issued) - Advisory Warning No. 16 of 2012 (2013-06-20)

Summary

This is a public advisory warning issued by the British Virgin Islands Financial Services Commission (FSC) alerting the public that a company calling itself IIMF Incorporated, trading as International Investment Monetary Fund, is offering banking-related activities and investment opportunities via its website (iimfund.com) without being licensed or regulated by the FSC. It is an amended and re-issued version of a warning originally published on 13 July 2012, re-issued on 20 June 2013.

• Entity named: IIMF Incorporated, also operating as International Investment Monetary Fund, operating the website http://iimfund.com
• Finding: The entity is not and has never been licensed or regulated in the British Virgin Islands by the FSC
• Legal basis: Issued under Section 4(1)(l) of the Financial Services Commission Act, 2001
• Public guidance: Members of the public are advised to exercise extreme caution in any dealings with this entity and to report relevant information on questionable entities to the FSC

The warning is informational and does not impose any regulatory obligations on licensed financial services entities; it is aimed at protecting the public from an unlicensed operator.