Public Statement 10 of 2020 - WOZUR INTERNATIONAL LTD. (2020-08-12)

Summary

This is a public warning notice issued by the BVI Financial Services Commission (FSC) about WOZUR INTERNATIONAL LTD., an entity that has never been licensed or regulated by the FSC to carry on any financial services business in or from the British Virgin Islands.

• Conduct alleged: WOZUR INTERNATIONAL LTD. is circulating a forged investment business licence and falsely claiming to be authorised and licensed by the FSC to carry on investment business by dealing in investments.
• FSC finding: The FSC confirms the entity is not, and has never been, licensed or regulated to carry on investment business or any financial services business in or from the Territory.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited to conduct business with WOZUR INTERNATIONAL LTD.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

The notice invites the public to report to the FSC any information about questionable entities purportedly operating in or from the BVI, or improper activities by such entities. It creates no ongoing compliance obligations for licensed entities and is purely informational in nature.