Public Statement 4 of 2022 - MIGA MARKETS LIMITED (2022-04-22)

Summary

This is a public warning notice issued by the BVI Financial Services Commission (FSC) about MIGA MARKETS LIMITED, an entity purporting to offer investment business services to the public. The FSC confirms this entity has never been licensed or regulated by it to conduct investment business or any other financial services business in or from the BVI.

• Purpose: To protect customers, creditors and persons solicited by MIGA MARKETS LIMITED, and to alert the general public that it is unlicensed.
• Basis: Issued pursuant to Section 37A of the Financial Services Commission Act, 2001.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited to conduct business with MIGA MARKETS LIMITED.
• Call for information: The public is invited to provide the FSC with information on questionable entities and improper activities operating in or from within the Territory.

The notice does not create ongoing compliance obligations for licensed entities; it is an informational alert warning the public and market participants about an unlicensed entity.

Applies to

unlicensed entity (MIGA MARKETS LIMITED), general public, persons or entities considering business with MIGA MARKETS LIMITED