SP Trade Investments Capital Ltd. and SP Trader Management Company Ltd. - Advisory Warning No. 18 of 2009

Summary

This is a public advisory issued by the British Virgin Islands Financial Services Commission (FSC) warning that SP Trade Investments Capital Ltd. and SP Trader Management Company Ltd. are not licensed to carry on financial services business in or from within the BVI. It is issued under Section 4(1)(l) of the Financial Services Commission Act, 2001 and is aimed at protecting the public rather than imposing regulatory requirements on licensees.

• Unlicensed entities named: SP Trade Investments Capital Ltd. and SP Trader Management Company Ltd. are identified as not authorised to conduct financial services business in or from the BVI.
• Public caution advised: Members of the public are advised to exercise extreme caution before conducting any transactions with these two entities.

The notice does not create ongoing compliance obligations for regulated entities; it is informational, alerting the public and industry to unlicensed activity by named firms.

Applies to

members of the public, SP Trade Investments Capital Ltd., SP Trader Management Company Ltd.