Public Statement 30 of 2021 - AMC CO PTY LTD. (2021-11-08)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) on 8 November 2021, alerting the public that AMC CO PTY LTD is not and has never been licensed or regulated by the FSC to carry on investment business or any other financial services business in or from the BVI.

• False claims: AMC CO PTY LTD falsely claims to be a BVI company operating from Trident Chambers addresses in Road Town, Tortola.
• Unlicensed activity: Via the website www.amc-markets.com, the entity has been soliciting the public to conduct cryptocurrency exchange and investment business, which are regulated activities requiring an FSC licence.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited by this entity, and to report any relevant information on questionable entities to the FSC.

The statement is issued under Section 37A of the Financial Services Commission Act, 2001, and is informational in nature, warning the public rather than imposing compliance obligations on regulated entities.

Applies to

members of the public, persons soliciting cryptocurrency exchange and investment business without a licence