Public Statement 15 of 2020 - KONSTOS MARKETS LTD. (2020-09-25)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) concerning KONSTOS MARKETS LTD. The FSC states that this entity is purporting to provide investment business services to the public but 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.

• Nature of warning: KONSTOS MARKETS LTD is not and has never been licensed or regulated by the FSC to carry on investment business or any financial services business.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited to conduct business with KONSTOS MARKETS LTD.
• Reporting invitation: The public is invited to provide the FSC with information about questionable entities or improper activities operating in or from the Territory.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

The notice does not impose any continuing regulatory obligations on licensed entities; it is an investor-protection alert identifying an unlicensed operator and inviting public tips to the FSC.

Applies to

unlicensed entities purporting to conduct investment business, general public/investors