Administrative Penalty $2,250.00 - Crestwood Capital International, Ltd. (2016-12-13)

Summary

This is an enforcement notice published by the BVI Financial Services Commission announcing that it imposed an administrative penalty of $2,250.00 on Crestwood Capital International, Ltd.

• Contravention: Failure to provide a copy of its audited financial statements within six months after its financial year end of 31 December 2014, in breach of section 10(4) of the Mutual Funds Regulations, 2010.
• Penalty imposed: Administrative penalty of $2,250.00.
• Reference: Matter ID BF101113/327.

The notice is purely informational, recording a completed enforcement action; it does not itself create new ongoing obligations for other entities, though it illustrates the Commission's enforcement of the audited financial statement filing requirement under the Mutual Funds Regulations, 2010.

Applies to

mutual funds