Public Statement 24 of 2023 - GLAMOURFXTRADE (2023-09-22)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) identifying GLAMOURFXTRADE (also styled Glamour FX Trade Ltd.) as an entity that is not licensed or regulated by the FSC despite apparently claiming or appearing to be authorised to conduct investment business. It is intended to alert the public and protect potential customers or creditors, not to impose ongoing regulatory requirements.

• Entity named: GLAMOURFXTRADE, or Glamour FX Trade Ltd., is not a BVI company and has never been licensed or regulated by the FSC for investment business or any other financial services activity.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited by this entity.
• Legal basis: Issued by the FSC under Section 37A of the Financial Services Commission Act, 2001.
• Call for information: The public is invited to report to the FSC any information about questionable entities or improper activities operating in or from the Territory.

The statement does not create continuing compliance obligations for regulated licensees; it is an investor protection alert warning against dealing with an unauthorised entity.

Applies to

unlicensed entity (GLAMOURFXTRADE / Glamour FX Trade Ltd.), members of the public