Global World Technology Limited - Public Statement (2019-01-18)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) on 18 January 2019 concerning Global World Technology Limited. The FSC states the Company has never been registered, licensed or regulated by the FSC to conduct financial services business in or from the BVI, and warns that it has published or circulated a forged FSC business licence purporting to authorise it to conduct trading services.

• Warning: Members of the public are cautioned against conducting any business with Global World Technology Limited.
• Basis: The statement is issued pursuant to Section 37A(2) of the Financial Services Commission Act, 2001.
• Call for information: The public is invited to provide the FSC with any relevant information on this matter or on other questionable financial services entities purportedly operating in or from within the BVI.

The notice is informational and protective in nature, alerting the public and industry to an unlicensed and fraudulent entity rather than imposing regulatory obligations on licensees.

Applies to

general public, persons or entities purporting to be regulated financial services providers