Administrative Penalty $500.00 - Ms. Zadie Llaurdo as Director of Shirley Trust Company Limited (2013-08-20)

Summary

This is a public enforcement notice from the BVI Financial Services Commission recording an administrative penalty imposed on Ms. Zadie Llaurdo in her capacity as a director of Shirley Trust Company Limited. It is a historical record of a completed enforcement action rather than a rule imposing ongoing requirements.

• Penalty: An administrative penalty of $500.00 was imposed on Ms. Zadie Llaurdo as Director of Shirley Trust Company Limited.
• Contravention: The penalty relates to a breach of section 42(2) of the Anti-Money Laundering and Terrorist Financing Code of Practice, 2008, for failing to maintain records in the required form.
• Industry type: Listed under Banking & Fiduciary Services.
• Matter reference: Matter ID COM040213/048.

The notice does not set out any ongoing obligations for other entities; it simply publicises a completed enforcement outcome as part of the Commission's public alerts and enforcement action library.

Applies to

Trust companies, Directors of licensed trust and fiduciary businesses