Public Statement 7 of 2020 - GLOBAL TRADER INVESTMENT (2020-07-16)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) about an entity called Global Trader Investment. The FSC states this entity has never been licensed or regulated to carry on any financial services business, including investment business, in or from the BVI.

• Forged licence: Global Trader Investment is circulating a forged investment business licence and falsely claiming to be authorised and licensed by the FSC to deal in investments.
• Not licensed: The FSC confirms Global Trader Investment is not and has never been licensed or regulated to carry on investment business in or from within the BVI.
• 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 by the FSC pursuant to Section 37A of the Financial Services Commission Act, 2001.

This notice is informational and protective in nature rather than one that imposes ongoing compliance obligations on regulated entities. It invites the public to report any relevant information about questionable entities or improper activities to the FSC.

Applies to

members of the public, persons solicited by unlicensed entities