Public Statement 28 of 2023 - Robert Kotowski (2023-10-31)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) about an individual named Robert Kotowski, who has never been licensed or regulated by the FSC to carry on any financial services business in or from the BVI.

• Conduct alleged: Robert Kotowski is circulating a forged investment business licence and falsely claiming to be authorised and licensed by the FSC to carry out investment business, including dealing in and arranging deals in investments.
• FSC finding: Kotowski is not and has never been licensed or regulated to carry on investment business or any other financial services business in or from the Territory of the Virgin Islands.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited by Kotowski, and are invited to report any information on questionable entities or improper activities to the FSC.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

This notice is informational and warns the public and industry rather than imposing new regulatory requirements on licensed entities.

Applies to

members of the public, persons or entities purportedly conducting investment business