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Advisory Warning No. 2 of 2016 - FXGlory Ltd. (6 July 2016)

Advisory Warning No. 2 of 2016

6th July, 2016

ADVISORY WARNING

FXGlory Ltd. operating at www.fxglory.com

Tortola, Virgin Islands – 6 July 2016 – The British Virgin Islands Financial Services Commission (“FSC”) has been made aware that an entity calling itself FXGlory Ltd., has been offering online investment products and trading in other forex related products and services, and presents itself as being incorporated and regulated in the Virgin Islands.

 

FXGlory Ltd. offers its products and services through a website located at www.fxglory.com which falsely claims to be headquartered in the Virgin Islands.

 

The FSC can confirm that FXGlory Ltd., has never been registered or incorporated as a business company in the Virgin Islands. FXGlory Ltd., has also never been licensed by the FSC to carry on financial services business in or from within the Virgin Islands.

 

Members of the public are therefore advised to exercise extreme caution if solicited at any time by or conducting any business with FXGlory Ltd. 

 

The public is invited to provide the FSC with any relevant information on this, and any other questionable entities that are purportedly operating in or from within the Virgin Islands.

 

The FSC is issuing this Advisory Warning under Section 4(1)(l) of the Financial Services Commission Act, 2001.

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Contact Information

British Virgin Islands Financial Services Commission


Pasea Estate
P.O. Box 418
Road Town, Tortola, VG 1110
British Virgin Islands

Tel: 284-494-1324 or 284-494-4190 GMT – 4:00
Fax: 284-494-5016
Hours: Monday-Friday 8:30a.m. - 4:30p.m.
commissioner@bvifsc.vg