Administrative Penalty $1,500.00 - Analytical Investments Advisors Ltd. (2016-04-15)

Summary

This is a published enforcement notice from the BVI Financial Services Commission recording an administrative penalty against Analytical Investments Advisors Ltd. It is informational, documenting a completed enforcement action rather than creating any new ongoing rule or requirement for the wider industry.

• Penalty: An administrative penalty of $1,500.00 was imposed on Analytical Investments Advisors Ltd.
• Contravention: The company breached section 10(1) of the Securities and Investment Business Act, 2010 by appointing a director without first obtaining the Commission's prior written approval.
• Reference: The matter is recorded under Matter ID BF101113/308.

Applies to

securities and investment business licensees