Public Statement 20 of 2022 - FXFINANCE LTD

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) about FXFINANCE LTD, an entity that is circulating a forged investment business licence and falsely claiming to be authorised and regulated by the FSC to carry on investment business (dealing in and arranging deals in investments). The FSC confirms that FXFINANCE LTD is not a BVI company and has never been licensed or regulated to carry on investment business or any financial services business in or from within the BVI.

• Nature of concern: FXFINANCE LTD is using a forged FSC investment business licence and falsely claiming to be a licensed and regulated entity.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited to conduct business with FXFINANCE LTD.
• Call for information: The public is invited to provide the FSC with any relevant information on questionable entities or improper activities purportedly operating in or from the BVI.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.