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Public Statement 3 of 2022 - SDT LIMITED

Public Statements



Tortola, British Virgin Islands – 15th March 2022 – The British Virgin Islands Financial Services Commission (the “FSC”) considers it necessary to issue this public statement regarding the revocation of SDT LIMITED’s (the "Company") Restricted Class II Trust Licence effective 4th March 2022 as a matter of public interest, on the grounds that the Company committed the following contraventions:

  • Failure to pay annual licence fees; and
  • Failure to file Prudential and Statistical Returns. 

The FSC wishes to further advise that the Company is no longer licensed to carry on any type of financial services business in or from within the Territory of the Virgin Islands. 

This Public Statement is issued pursuant to Section 37A(1) of the Financial Services Commission Act, 2001.