Public Statement 32 of 2023 - ADRIAN WARLEN (2023-11-23)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) alerting the public that a person or entity named ADRIAN WARLEN is circulating a forged investment business licence and falsely claiming to be licensed by the FSC to deal in and arrange deals in investments. The FSC confirms ADRIAN WARLEN is not a BVI company and has never been licensed or regulated by the FSC for investment business or any financial services business.

• Warning: ADRIAN WARLEN is not licensed or regulated by the FSC and is falsely claiming to hold a forged licence for Dealing in Investments and Arranging Deals in Investments.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited to conduct business with ADRIAN WARLEN.
• Reporting: The public is invited to provide the FSC with information on questionable entities or improper activities purportedly operating in or from within the BVI.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

This notice is informational and protective in nature; it does not impose ongoing compliance obligations on regulated entities, but is intended to warn the public and industry to avoid dealings with the named unlicensed party.