Public Statement 8 of 2022 - ALEXANDRA WARD (2022-06-29)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) alerting the public that an individual or entity known as ALEXANDRA WARD is not licensed or regulated by the FSC, despite purporting to be a broker-dealer and circulating a forged investment business licence.

• Forged licence: A forged investment business licence is being circulated falsely showing ALEXANDRA WARD as licensed by the FSC to deal in investments and arrange deals in investments.
• No licence or authorisation: ALEXANDRA WARD has never been licensed or regulated by the FSC as a broker-dealer or to carry on any financial services business in or from within the BVI.
• Public caution advised: Members of the public are advised to exercise extreme caution if solicited to conduct business with ALEXANDRA WARD.
• Reporting invited: The public is invited to provide the FSC with information on questionable entities and improper activities.

The statement was issued under Section 37A of the Financial Services Commission Act, 2001, and is purely informational in nature, warning the public rather than imposing new compliance requirements on regulated entities.