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News

May 29th, 2024
MESIROWFX.COM: Another company trying to scam the Territory

PASEA ESTATE, Tortola, VI- Financial investment firms, online companies and others trying to defraud the people of the Virgin Islands (VI) are on the rise. To this end, the British Virgin Islands Financial Services Commission (FSC) has warned residents about yet another company.

May 28th, 2024
FSC issues notice on Intellectual Property Rights for Thornton Smith's clients

PASEA ESTATE, Tortola, VI- The death of Attorney Jamal S. Smith in March of this year meant the closure of the Law Firm he founded, Thornton Smith.

May 13th, 2024
Deputy Premier wants swift resolution to issues affecting Republic Bank’s customers

ROAD TOWN, Tortola, VI- Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith, OBE has said the Government of the [British] Virgin Islands is aware of recent developments at Republic Bank (BVI) Limited, which resulted in the withdrawal of funds from several customer accounts.

May 5th, 2024
CRYPTOAEGIS INVEST is a fraud; Not licensed in this jurisdiction- FSC

PASEA ESTATE, Tortola, VI- The British Virgin Islands Financial Services Commission (FSC) has issued a public statement to protect customers, creditors or persons who may have been solicited to conduct business by CRYPTOAEGIS INVEST and to make the general public aware that the person or entity has never been licensed or regulated by the FSC to carry on any financial services business, according to a recent statement.

January 25th, 2024
Adam Goldberg 'falsely purporting to be licensed'- BVIFSC

PASEA ESTATE, Tortola, VI – The British Virgin Islands Financial Services Commission (BVIFSC) is alerting the public that Adam Goldberg has never been licensed or regulated as a person or entity by the FSC to carry on any type of financial services business.

September 30th, 2023
‘Glamour FX Trade Ltd’ falsely purporting to have license in VI- FSC

PASEA ESTATE, Tortola, VI - The BVI’s Financial Services Commission (FSC) in a September 22, 2023, public statement said that in order to protect the customers, creditors, or persons who may have been solicited to conduct business by GLAMOURFXTRADE, or Glamour FX Trade Ltd., as well as to bring awareness to the public; has noted that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business in the Virgin Islands.

September 30th, 2023
FSC reverses media censorship policy for upcoming forum

PASEA ESTATE, Tortola, VI – Following criticisms over media censorship as reported by Virgin Islands News Online (VINO), the BVI Financial Services Commission (FSC) has announced a reversal of its media censorship policy for the Meet the Regulator Forum slated for October 3, 2023.

September 28th, 2023
FSC censoring media @ Meet the Regulator (MTR) Forum

PASEA ESTATE, Tortola, VI- The BVI Financial Services Commission (FSC) has announced the return of Meet the Regulator Forum under the theme ‘Embracing Change, Fuelling Progress’.

September 27th, 2023
Public warned of entity ‘falsely’ claiming to be licensed by FSC

PASEA ESTATE, Tortola, VI- The British Virgin Islands Financial Services Commission (FSC) has said it considers it necessary to warn the public that an entity under the name GAEA Investment is falsely purporting to be authorised and licensed by the Commission for the purpose of providing clients access to liquidity in currencies, commodities, and stock markets and trading in oil, precious metals, stock indices, blue chips, and cryptocurrency pairs.

February 7th, 2023
Customers still complain about banks, especially non-working ATMs

ROAD TOWN, Tortola, VI- Immediately after the Covid-19 pandemic (2020/2021), many residents complained to our newsroom about the treatment by banks, with long lines of residents standing outside in the rain and scorching sun for hours.

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