Public Statement 20 of 2025 - Port Economic (BVI) Limited (2025-10-22)

Summary

This is a public warning notice issued by the BVI Financial Services Commission alerting the public that Port Economic (BVI) Limited is fraudulently claiming to be a licensed and regulated Approved Investment Manager. The FSC confirms the entity is not a BVI company and has never been licensed or regulated to conduct investment business or any other financial services business in or from the Virgin Islands.

• Nature of the issue: Port Economic (BVI) Limited is circulating a forged investment business licence purporting to show FSC authorisation as an Approved Investment Manager.
• FSC finding: The entity is not incorporated in the BVI and has never been licensed or regulated by the FSC for any financial services business.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited by this entity and to avoid conducting business with it.
• Call for information: The FSC invites the public to report any information about questionable entities or improper activities purportedly operating in or from the Territory.

The statement is issued under Section 37A of the Financial Services Commission Act, 2001, and is informational in nature, warning the public and industry rather than imposing new regulatory requirements on licensed entities.

Applies to

general public, persons soliciting or considering investment business with Port Economic (BVI) Limited