Universal Investments (International) Limited - Advisory Warning No. 2 of 2013 (2013-01-07)

Summary

This is a public advisory warning issued by the British Virgin Islands Financial Services Commission (FSC) alerting the public that a BVI business company, Universal Investments (International) Limited, has been offering investment products and services while falsely purporting to be licensed and regulated in the BVI. The entity trades under several alias names and operates through two websites.

• Entity named: Universal Investments (International) Limited, also trading as Universal Investments Limited, Universal Investments (Financial Services) Limited, and Universal FX
• Websites cited: www.universal-fx.com and www.universal-invest.com
• Finding: The entity has never been licensed by the FSC to carry on investment business in or from within the BVI
• Legal basis: Issued under Section 4(1)(l) of the Financial Services Commission Act, 2001

The FSC advises members of the public to exercise extreme caution if approached by this entity under any of its names, and invites the public to report any relevant information about this or other questionable entities operating in or from the Territory. This is an informational public alert rather than a regulation imposing ongoing compliance duties on licensed entities.