Category Archives: Blacklisted BVI Companies

BVI FSC issues public statements on E-Crypto Trade & Finance Group and ZAR Solutions Limited

The British Virgin Islands Financial Services Commission issued public statements concerning the companies named E-Crypto Trade & Finance Group, Inc. and ZAR Solutions Limited, in order to protect the public interest, and the interests of any customers or creditors of … Continue reading

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BVI FSC publishes statement on OKPAY Inc

The Financial Services Commission has issued public statement concerning the company named OKPAY Inc., to inform the public that the company has never been licensed or regulated by the BVI FSC to carry any type of financial services business. The … Continue reading

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BVI FSC issued public statement on Eleuthera Insurance Limited

The British Virgin Islands Financial Services Commission issued a public statement to protect the public interest and interests of customers and creditors of Eleuthera Insurance Limited, and to make the general public aware that this company is no longer licensed … Continue reading

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BVI faces pressure in relation to Panama leaks

The information about more than 100,000 secret firms registered in the British Virgin Islands, leaked from the Panamanian company Mossack Fonseca, which has local office, has a great impact on the jurisdiction. According to the Bloomberg agency, BVI is now … Continue reading

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BVI FSC issues public statements on two companies

This week, the British Virgin Islands Financial Services Commission has issued two public statements, the first of which aims to protect the interests of the customers and creditors of Universal Highland Assurance Company Limited, and the second concerns BVI business … Continue reading

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BVI FSC published list of companies under enforcement action in 2012, Part IV

According to the published information on companies under enforcement action in the fourth quarter of 2012, administrative penalties were imposed on the following entities: Mossack Fonseca & Co. (BVI) Ltd – in the amount of $20,500.00, Creque’s Insurance Agency Limited … Continue reading

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BVI FSC published list of companies under enforcement action in 2012, Part III

The Commission continued to publish on its website the list of companies under enforcement action, currently for the third and fourth quarters of 2012. In Quarter 3 2012, a Warning Letter was issued to Caribbean Reinsurance Company Ltd., which failed … Continue reading

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Advisory Warnings on Mika Holdings Inc. and Universal Investments (International) Limited

On January 7, the British Virgin Islands Financial Services Commission published Advisory Warnings on two companies. Advisory Warning No.1 of 2013 concerns the company MIKA HOLDINGS INC., which is operating at the website www.optiofair.com and offering online trading with financial … Continue reading

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Financial Services Commission issued Advisory Warning on Benson Union Limited

On the last day of 2012, the British Virgin Islands Financial Services Commission issued Advisory Warning concerning the company named Benson Union Limited. This company has been offering investment products and services, purporting to be licensed and regulated in the … Continue reading

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Advisory Warnings on Peekwood Private Trust and Sharptext Branch Inc.

Along with BCF International Capital S.A., there were two other companies on which the BVI FSC issued Advisory Warnings on December 14. One of them was PEEKWOOD PRIVATE TRUST and HOLDINGS, located at www.peekwood.com and presenting itself as being incorporated … Continue reading

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