Public Statement No. 12 of 2014 - Victory Life and Pension Assurance Company Limited (2014-12-24)

Summary

This is a public statement issued by the British Virgin Islands Financial Services Commission (BVIFSC) concerning Victory Life and Pension Assurance Company Limited. It is purely informational, notifying the public that the company has entered liquidation and identifying the appointed liquidators.

• Purpose: To protect the public interest and the interests of customers and creditors of Victory Life and Pension Assurance Company Limited by making the appointment of liquidators public.
• Liquidators appointed: Mr. Russell Crumpler of KPMG (BVI) Limited and Mr. Kris Beighton of KPMG in the Cayman Islands were appointed joint liquidators of the Company.
• Legal basis: The appointment was made by Order of the Eastern Caribbean Supreme Court, High Court of Justice in the British Virgin Islands.
• Reference: Public Statement No. 12 of 2014; Matter ID BF101113/232.

The statement imposes no ongoing compliance obligations on regulated entities generally; it serves solely to notify customers, creditors and the public of the liquidation and the identity of the liquidators.

Applies to

insurance companies, customers and creditors of Victory Life and Pension Assurance Company Limited