BNRoptions Ltd - Public Statement No. 5 of 2018 (2018-03-19)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) about BNRoptions Ltd, an entity that has never been licensed or regulated by the FSC to conduct any financial services business. It alerts the public that the company has been circulating a false Investment Business Licence purportedly issued in the BVI, in connection with a website offering online investment services.

• Entity named: BNRoptions Ltd, connected to the website purporting to be brnroptions.com, offering online investment services.
• Concern raised: The company circulated a false Investment Business Licence purporting to be issued by the BVI, despite never being licensed by the FSC.
• Public invited to act: The FSC invites the public to submit relevant information on this matter or on other questionable entities purportedly operating in or from the BVI.
• Legal basis: Issued pursuant to Section 37A(2) of the Financial Services Commission Act, 2001.

This notice is informational and protective in nature, warning the public and potential customers or creditors rather than imposing compliance obligations on regulated entities.

Applies to

unlicensed entities purporting to conduct investment business, general public and potential customers/creditors of BNRoptions Ltd