Public Statement 28 of 2021 - CENTRAL FOREX LIMITED

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) on 27 October 2021 concerning CENTRAL FOREX LIMITED. The FSC states that this entity is circulating a forged investment business licence and falsely claiming to be authorised and regulated by the FSC to carry on investment business by dealing in investments.

• Key finding: CENTRAL FOREX LIMITED has never been licensed or regulated by the FSC to carry on investment business or any other financial services business in or from within the BVI.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited by this entity.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

This notice is purely informational and protective in nature; it does not impose ongoing compliance obligations on licensees, but the FSC invites the public to report any information about questionable entities or improper activities to the Commission.

Applies to

general public, persons solicited by unlicensed entities purporting to conduct investment business