Public Statement 5 of 2020 - EXNGLORY PTY LTD. (2020-04-17)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) on 17 April 2020 concerning EXNGLORY PTY LTD. The FSC states that this entity is circulating a forged investment business licence and falsely claiming to be authorised and regulated by the FSC to carry on investment business by dealing in investments in or from the BVI.

• Entity named: EXNGLORY PTY LTD, which has never been licensed or regulated by the FSC for any financial services business.
• Conduct alleged: Circulating a forged investment business licence and falsely purporting to be FSC licensed to deal in investments.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited by this entity.
• Call for information: The public is invited to provide the FSC with information on questionable entities or improper activities operating in or from the Territory.
• Legal basis: Issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

This notice is purely informational and warns the public and industry about an unauthorised entity; it does not impose any ongoing compliance obligations on regulated firms.

Applies to

general public, persons solicited by EXNGLORY PTY LTD