Public Statement 21 of 2022 - KAMIL HUBKA (2022-11-17)

Summary

This is a public investor warning issued by the British Virgin Islands Financial Services Commission (FSC) about an individual using the name KAMIL HUBKA, who is falsely claiming to be a licensed broker-dealer in the BVI. The FSC states that a forged investment business licence purporting to show KAMIL HUBKA as authorised to deal in and arrange deals in investments is being circulated, and confirms that this person has never been licensed or regulated by the FSC for any financial services activity.

• Nature of alert: A forged FSC investment business licence document is circulating, falsely claiming KAMIL HUBKA is licensed to deal in and arrange deals in investments.
• FSC confirmation: KAMIL HUBKA has never been licensed or regulated by the FSC as a broker-dealer or for any other financial services business in or from the BVI.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited by KAMIL HUBKA or anyone claiming to be a BVI-licensed broker-dealer on their behalf.
• Reporting: The public is invited to report to the FSC any information on questionable entities purportedly operating in or from the BVI and any improper activities by such entities.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

This is an informational alert rather than a rule imposing continuing compliance duties on regulated entities; its purpose is to protect the public and market participants from a fraudulent claim of licensure.

Applies to

broker-dealers, investment business licensees, general public