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Public Statement 32 of 2021 - VAST TRIUMPH HOLDING LIMITED

Public Statements



Tortola, British Virgin Islands – 16th December 2021 – The British Virgin Islands Financial Services Commission (the "FSC") considers it necessary to issue this Public Statement in order to protect the customers, creditors or persons who may have been solicited to conduct business by VAST TRIUMPH HOLDING LIMITED and make the general public aware that the entity has never been licensed or regulated by the FSC to carry on any type of financial services business.

The details are:

The FSC has been made aware of an active website on which VAST TRIUMPH HOLDING LIMITED purports to provide a Forex trading platform. This is regulated activity under BVI legislation and may only be carried out by a company which is licensed and regulated by the FSC to conduct investment business.

The FSC hereby informs the public that VAST TRIUMPH HOLDING LIMITED is not and has never been licensed or regulated to carry on investment business, or any other type of financial services business, in or from within the Territory.

Members of the public are advised to exercise extreme caution before engaging the website or if solicited at any time to conduct business with VAST TRIUMPH HOLDING LIMITED. The public is invited to provide the FSC with any relevant information on any questionable entities which are purportedly operating in or from within the Territory and on any improper activities engaged in by such entities.

The FSC has issued this Public Statement pursuant to Section 37A of the Financial Services Commission Act, 2001.