Revocation of a Licence - V.I.A. Limited (2023-03-17)

Summary

This is an enforcement notice from the BVI Financial Services Commission announcing the revocation of the Class I Trust Licence held by V.I.A. Limited, formerly known as J.S. Archibald Trust Services Limited. The licence was revoked under section 38(1)(a) of the Financial Services Commission Act, 2001 on the basis that the company had ceased to carry on financial services business.

• Entity: V.I.A. Limited, formerly J.S. Archibald Trust Services Limited
• Licence revoked: Class I Trust Licence
• Legal basis: Section 38(1)(a) of the Financial Services Commission Act, 2001
• Reason: The company had ceased to carry on financial services business
• Effective date: 8 August 2022

This is a purely informational public alert confirming a completed regulatory action; it does not impose any ongoing compliance obligation on other entities and serves only to notify the public and industry that this entity is no longer licensed.

Applies to

Trust licensees, Class I Trust Licence holders

Deadlines

• 8th August, 2022: Effective date of revocation of V.I.A. Limited's Class I Trust Licence