Author Archives: Mike

BVI FSC issued public statement on WWW.ITBFX.COM

The second Public Statement in 2020 was published by the British Virgin Islands Financial Services Commission, to protect the customers, creditors or persons of public to conduct business with WWW.ITBFX.COM, passing off as TRADING OPPORTUNITY MANAGEMENT COMPANY LTD., and to … Continue reading

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BVI blacklisted by France as a non-cooperative tax jurisdiction

In the beginning of the year, France has added the British Virgin Islands on the blacklist as a non-cooperative territory in tax matters, along with three new countries – Anguilla, Bahamas and Seychelles. The total list of non-cooperative jurisdictions now … Continue reading

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BVI FSC’s first public statement in 2020: FXTRD LLC

The first public statement of 2020 was issued by the BVI FSC on 5 January 2020, informing the public about the entity named FXTRD LLC, which is circulating a forged investment business license and falsely purporting to be authorised and … Continue reading

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France planning to blacklist BVI, Seychelles, the Bahamas and Anguilla

According to French Public Accounts Minister Gerald Darmanin, France plans to add the British Virgin Islands to a blacklist for being “not cooperative enough in terms of financial transparency,” along with the Seychelles, the Bahamas and Anguilla. Since the Panama … Continue reading

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BVI FSC issued public statement on PITCHFOREX TRADE & FINANCE GROUP, INC.

The British Virgin Islands Financial Services Commission has issued the Public Statement regarding the company PITCHFOREX TRADE & FINANCE GROUP, INC., to make the public aware that this entity has never been licensed or regulated by the FSC to carry … Continue reading

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Aura Minerals signs new contract for San Andres after seizure of equipment by court order

Aura Minerals Inc., the mining company registered in the British Virgin Islands, announced that on November 25, 2019 the equipment of Incobe, the main contractor at the company’s San Andres Mine in Honduras, was seized by local authorities in compliance … Continue reading

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The Dutch government includes BVI on tax blacklist 2020

In the beginning of October, the government of Netherlands announced the launch of consultation on next year’s list of low-tax jurisdictions to enforce existing and future anti-avoidance legislation. The British Virgin Islands is among sixteen countries included on the Dutch … Continue reading

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BVI Government filed a lawsuit against BVI Airways director

British Virgin Islands Premier and Finance Minister Andrew Fahie has confirmed that the BVI government is suing its former attorney Lester Hyman, a director of the defunct airline BVI Airways. In a statement responding to questions about the lawsuit, Fahie … Continue reading

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BVI company announced receiving of Nasdaq delisting determination letter

China TechFaith Wireless Communication Technology Limited, the BVI-based developer, owner and operator of commercial real estate properties, as well as mobile solutions provider in China, has received a delisting determination letter from Nasdaq, setting forth a decision to delist company’s … Continue reading

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BVI FSC issued Public Statement on Quiloxtrade

The British Virgin Islands Financial Services Commission has issued the Public Statement to protect the interests of any customers, creditors and persons who may have conducted business by Quiloxtrade, and to inform the general public that this company has never … Continue reading

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