Notice
Warning Letter - Finanzas y Negocios International, Inc. (2014-06-03)
Issued 2014-06-03View on FSC's website Source document
Summary
This is a public enforcement alert from the BVI Financial Services Commission recording that a warning letter was issued to Finanzas y Negocios International, Inc. The document is a short notice published in the Commission's Alerts and Enforcement Action library, not a rule or regulation, and confirms a completed regulatory action rather than creating new ongoing rules for industry.
- Entity: Finanzas y Negocios International, Inc.
- Breach: Contravention of section 4(1) of the Securities and Investment Business Act, 2010, for carrying on unauthorised investment business.
- Action taken: The Commission issued a warning letter to the entity; Matter ID BF101113/199.
The notice itself imposes no continuing filing or compliance obligations on third parties; it serves to inform the public and industry that this named entity was found to be conducting investment business without proper authorisation under BVI law.
Applies to
persons or entities carrying on investment business, unauthorised investment business operators