Public Statement No. 11 of 2026 - EURO PACIFIC SECURITIES, INC (2026-05-19)

Summary

This is a public statement issued by the BVI Financial Services Commission announcing the revocation of the investment business licence held by Euro Pacific Securities, Inc. The FSC acted under section 37A(2)(c)(i) and (ii) of the FSC Act, 2001, citing multiple ongoing regulatory contraventions by the company.

• Grounds for revocation: Failure to remit annual fees for 2024, 2025 and 2026; failure to submit AML/CFT Returns for 2025; failure to submit Investment Business Annual Returns for 2024 and 2025; failure to submit audited financial statements for 2022 to 2024; failure to submit compliance officer reports for 2022 to 2025; and other compliance obligation failures.
• Effective date: The FSC revoked the licence effective 6th May 2026 under sections 37(1)(a)(i), 37(2)(a) and 38(1)(a) of the FSC Act and under the Securities and Investment Business Act, 2010.
• Effect: Euro Pacific Securities, Inc is no longer licensed to carry on any type of financial services business in or from within the Virgin Islands.

This notice is informational and enforcement related, applying specifically to Euro Pacific Securities, Inc; it does not create new ongoing obligations for other licensees, but illustrates the FSC's enforcement of existing annual fee, AML/CFT, annual return, audited financial statement and compliance officer reporting requirements applicable to investment business licensees.

Applies to

investment business licensees, Euro Pacific Securities, Inc