Public Statement 12 of 2024 - Andrew Miller (2024-05-02)

Summary

This is a public warning notice issued by the BVI Financial Services Commission (FSC) under Section 37A of the Financial Services Commission Act, 2001, alerting the public that an individual or entity identifying as Andrew Miller is circulating a forged investment business licence and falsely claiming to be licensed by the FSC for Dealing in Investments and Arranging Deals in Investments.

• Not licensed: Andrew Miller is not a BVI company and has never been licensed or regulated by the FSC to conduct investment business or any other financial services business in or from within the BVI.
• Forged licence: The FSC states that Andrew Miller is circulating a forged investment business licence purporting to authorise Dealing in Investments and Arranging Deals in Investments.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited to conduct business with Andrew Miller and to report any relevant information on questionable entities to the FSC.

The notice is purely informational and protective in nature; it does not create ongoing compliance obligations for regulated entities but warns the public and industry to avoid dealings with this unlicensed party.

Applies to

members of the public, persons solicited for investment business