Public Statement 6 of 2023 - GBT INTERNATIONAL LIMITED (2023-06-15)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) on 15 June 2023 concerning GBT INTERNATIONAL LIMITED, a BVI-incorporated company (originally registered as CFX International Limited). The FSC states that GBT INTERNATIONAL LIMITED has never been licensed or regulated to carry on any financial services business in or from the BVI.

• Allegation: GBT INTERNATIONAL LIMITED is circulating a forged or manipulated Certificate of Incorporation on its website (gbt-int.com), falsely claiming to be registered under the BVI Business Corporations Act Amendments of 2004 and 2016.
• Purported activity: The entity is falsely holding itself out as authorised to conduct forex trading, forex broking, or dealing in investments.
• Regulatory status: GBT INTERNATIONAL LIMITED is not and has never been licensed or regulated by the FSC for forex trading, forex broking, or any other investment or financial services business.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited to conduct business with this entity.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

The FSC invites the public to report any information about questionable entities or improper activities purportedly operating in or from the BVI. This notice is informational and does not create ongoing compliance obligations for licensed entities; it primarily serves as a public warning about an unlicensed and potentially fraudulent operator.

Applies to

members of the public, unlicensed entities purporting to conduct forex trading or investment business