Rosslin & Wilson Ltd. - Advisory Warning No. 27 of 2012 (2012-11-28)

Summary

This is a public advisory warning issued by the British Virgin Islands Financial Services Commission alerting the public that Rosslin & Wilson Ltd, trading as Trading Coalition, has never been licensed to carry on financial services business in or from within the BVI. The entity offers high yield investment programmes via www.tradingcoalition.com while falsely claiming to be operating from and licensed and regulated in the BVI.

• Unlicensed entity: Rosslin & Wilson Ltd (aka Trading Coalition) is not licensed by the FSC to conduct financial services business in or from the BVI.
• Public caution advised: Members of the public are urged to exercise extreme caution if solicited by this entity under either name.
• Reporting invited: The public is invited to give the FSC any relevant information on this or other questionable entities purportedly operating in or from the Territory.
• Legal basis: The warning is issued under Section 4(1)(l) of the Financial Services Commission Act, 2001.

The notice is purely informational and does not impose ongoing compliance obligations on regulated entities; it is a public warning against dealing with an unlicensed operator.