Category Archives: BVI licenced business

BVI FSC warns the public about TradeFxi Forex, Inc. and St. World Trade Inc.

On 31 December 2015, the BVI Financial Services Commission issued Advisory Warnings on the entities called TradeFxi Forex, Inc. and St. World Trade Inc., under Section 4(1)(l) of the Financial Services Commission Act, 2001. The first company, TradeFxi Forex, Inc., … Continue reading

Posted in BVI licenced business | Leave a comment

BVI FSC Issues Public Statements about Two Insurance Companies

The British Virgin Islands Financial Services Commission has issued two Public Statements on 14 April 2015, concerning the companies Alta Insurance Management Limited and Bayswater Insurance Company Limited, to protect the interests of their customers and creditors, and to inform … Continue reading

Posted in BVI Companies, BVI licenced business | Leave a comment

The Commission issued Public Statement on Beverly Insurance Company Limited

The BVI FSC issued public statement concerning Beverly Insurance Company Limited, to make the public aware that this company is no longer licensed and regulated by the Commission. In the statement dated 1 October, 2013, FSC informed that Beverly Insurance … Continue reading

Posted in BVI Companies, BVI licenced business | Leave a comment

Advisory Warning on Landora Investing Ltd. issued by the Commission

The British Virgin Islands Financial Services Commission has published Advisory Warning No. 4 of 2013, regarding BVI business company Landora Investing Ltd, which provided its services through the website at www.landora-investing.com. Landora Investing Ltd. has been offering high yield investment … Continue reading

Posted in BVI Companies, BVI licenced business, Unethical business practice | Leave a comment

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

Posted in Blacklisted BVI Companies, BVI Companies, BVI licenced business | Leave a comment

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

Posted in Blacklisted BVI Companies, BVI Companies, BVI licenced business | Leave a comment

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

Posted in Blacklisted BVI Companies, BVI licenced business, Unethical business practice, Unlicensed offshore services | Leave a comment

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

Posted in Blacklisted BVI Companies, BVI Companies, BVI licenced business, Unethical business practice | Leave a comment

Public Statement issued regarding insurance company

It was announced by the British Virgin Islands Financial Services Commission, by the Public Statement No. 18 of 2012, that Greater Tri-State Casualty Company Limited is no longer licensed or regulated by the FSC, and could be carrying on unauthorized … Continue reading

Posted in Blacklisted BVI Companies, BVI Companies, BVI licenced business | Leave a comment

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

In the Publication of Enforcement Action for the 2nd quarter of 2012 (see the previous post for information about the 1st quarter), following companies were listed: Bunge Investment Management Limited – received five administrative penalties because it failed to seek … Continue reading

Posted in Blacklisted BVI Companies, BVI Companies, BVI licenced business | Leave a comment