Enforcement Action

Enforcement Action: Administrative Penalty $1,160.00
Name of Entity: TMF Authorised Representative (BVI) Ltd.
Date of Action: 17/02/2017

An administrative penalty in the amount of $1,160.00 was imposed on TMF Authorised Representative (BVI) Ltd. pursuant to section 54A(3) of the Financial Services Commission Act, 2001 for failing to provide notification of the resignation of a director and appointment of a director to a fund, to which it provides authorised representative services, within 14 days of occurrence.