Warning Letter - Premier Financial Consultants Limited (2014-06-03)

Summary

This is a warning letter published by the British Virgin Islands Financial Services Commission (FSC) as part of its enforcement actions register. It records that the Commission issued a formal warning to Premier Financial Consultants Limited.

The warning was issued because the firm failed to respond to, or satisfactorily address, a number of areas relating to the implementation of corrective actions required following a 2011 inspection report. The extracted text is inconsistent about the exact number of outstanding areas (referring to both six and seven), and the specific areas of concern are not detailed in the available text. The matter is identified by reference BF101113/195.

This notice is specific to the named firm and does not itself impose new rules or obligations on the wider industry; it is a public record of an enforcement action taken against a particular licensee for non-compliance with prior corrective-action requirements.

Applies to

Premier Financial Consultants Limited (named licensee)