Public Statement No. 9 of 2026 - BEACONSFIELD INVESTMENT MANAGEMENT LTD.

Summary

This is a Public Statement issued by the BVI Financial Services Commission (FSC) announcing the revocation of the investment business licence held by Beaconsfield Investment Management Ltd. It is an enforcement notice about a single named company, not a rule of general application, and imposes no new obligations on other regulated entities.

• Grounds for revocation: The Company failed to remit annual fees for 2019 through 2026, failed to submit AML/CFT Returns for 2020 to 2025, failed to submit Investment Business Annual Returns for 2022 to 2025, failed to submit audited financial statements for 2022 to 2024, failed to submit compliance officer reports for 2022 to 2025, and had other compliance failures.
• Legal basis: The Statement is issued under section 37A(2)(c)(i) and (ii) of the FSC Act, and the licence was revoked under sections 37(1)(a)(i), 37(2)(a) and 38(1)(a) of the FSC Act and the Securities and Investment Business Act, 2010.
• Effect: Effective 6th May 2026, the Company's investment business licence was revoked and it is no longer licensed to carry on any type of financial services business in or from within the Virgin Islands.

The notice is informational for the public and for counterparties dealing with the named company; it does not create ongoing compliance duties for other licensees, but illustrates the FSC's enforcement approach to persistent fee and reporting failures.

Applies to

investment business licence holders

Deadlines

• 6th May 2026: Date on which the FSC's revocation of Beaconsfield Investment Management Ltd.'s investment business licence took effect