Revocation of Licenses/Certificate - New Thames Africa Fund Ltd (2012-03-22)

Summary

This is an enforcement notice from the British Virgin Islands Financial Services Commission announcing the revocation of the certificate of recognition held by New Thames Africa Fund Ltd. The fund is identified as an investment business entity and the action was taken for failing to pay its annual recognition fees.

• Entity affected: New Thames Africa Fund Ltd (Matter ID: INV0127/018)
• Reason for revocation: Contravention of Regulation 2 of the Financial Services Commission (Securities and Investment Business Fees) (Amendment) Regulations, 2010 by failing to pay annual recognition fees for the prescribed or approved period
• Action taken: Revocation of the entity's certificate of recognition

This notice is purely informational for the public record and does not itself impose ongoing obligations on other regulated entities, though it underscores the Commission's practice of revoking recognition for non-payment of statutory fees.

Applies to

mutual funds, investment business entities