Public Statement 4 of 2021 - GFC INVESTMENTS LIMITED (2021-01-29)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) about GFC Investments Limited, an entity that is falsely claiming to be licensed by the FSC to conduct investment business, including Forex trading. The FSC states the entity has never been licensed or regulated to carry on any financial services business in or from within the BVI.

• Entity identity: GFC Investments Limited was a BVI company that was dissolved and struck from the Register of Companies on 31 October 2015.
• Alleged conduct: The entity is believed to have circulated a forged investment business licence purportedly issued by the FSC, and is soliciting Forex trading and other investment business.
• Regulatory status: GFC Investments Limited is not and has never been licensed or regulated by the FSC for investment business, Forex trading, or any other financial services activity.
• Public advisory: Members of the public are urged to exercise extreme caution if solicited by this entity, and to report any information on questionable entities or improper activities to the FSC.

The statement was issued under Section 37A of the Financial Services Commission Act, 2001 and is purely informational and protective in nature; it does not impose ongoing compliance obligations on licensees.

Applies to

members of the public, persons or entities soliciting investment business in or from within the BVI