Trade Time Investment - Public Statement No. 2 of 2018 (2018-03-14)

Summary

This is a public statement issued by the British Virgin Islands Financial Services Commission (FSC) warning that an entity called Trade Time Investment has never been licensed or regulated by the FSC to carry on any financial services business in or from the BVI. It is a consumer protection alert, not a rule imposing ongoing compliance duties on licensees.

• Nature of the concern: Trade Time Investment has been circulating a false Investment Business Licence purportedly issued by the Territory of the British Virgin Islands.
• Associated website: The entity is connected to www.tradetimeinvestment.com, which facilitates online investment business activities.
• Legal basis: The statement was issued under Section 37A(2) of the Financial Services Commission Act, 2001, to protect the public interest and the interests of customers or creditors.
• Public call to action: The FSC invites the public to provide it with any relevant information about this matter or about other questionable entities purportedly operating in or from the BVI.

The statement does not create ongoing regulatory obligations for licensed entities; it is primarily a warning to the public and prospective investors about an unlicensed and potentially fraudulent operator.

Applies to

members of the public, prospective investors, Trade Time Investment (unlicensed entity)