York Kingdom International Ltd. - Advisory Warning No. 18 of 2012 (2012-09-11)

Summary

This is a public advisory issued by the British Virgin Islands Financial Services Commission (FSC) warning about York Kingdom International Ltd, an entity operating a website (www.yorkkingdom.com) offering insurance and investment products while falsely claiming to be incorporated, licensed and regulated in the BVI.

• Status: York Kingdom International Ltd was struck off the BVI company register in 2005 and is no longer a registered BVI company.
• Licensing: The entity has never been licensed by the FSC to carry on financial services business in or from within the BVI.
• Legal basis: The FSC issued this warning under Section 4(1)(l) of the Financial Services Commission Act, 2001.

The advisory is informational and directed at the general public rather than regulated entities. It advises members of the public to exercise extreme caution in any dealings with York Kingdom International Ltd and invites the public to report information about this or other questionable entities to the FSC. It does not impose any continuing compliance obligations on licensees.