Investor Alerts - EUROPEAN FINANCIAL REGULATOR (FINANCIAL REGULATOR of the BRITISH VIRGIN ISLANDS) ("EFRA")
| Company: | EUROPEAN FINANCIAL REGULATOR (FINANCIAL REGULATOR of the BRITISH VIRGIN ISLANDS) ("EFRA") |
| Regulator: | British Virgin Islands Financial Services Commission |
| Jurisdiction: | British Virgin Islands |
| Date: | 08 Feb 2023 |
| Link: | https://www.bvifsc.vg/library/alerts/public-statement-25-2021-efra-european-financial-regulator-financial-regulator |
| Subject: |
Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.) Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents) Regarding markets, exchanges, and clearing and settlement entities Regarding Emerging Digital Threats including ICOs and crypto-assets Miscellaneous |
| Comments: | The British Virgin Islands Financial Services Commission considers it necessary to issue a Public Statement in order to protect persons from EFRA may have contacted, EUROPEAN FINANCIAL REGULATOR (FINANCIAL REGULATOR of the BRITISH VIRGIN ISLANDS and to make the general public aware that EFRA is circulating a letter in which it is falsely purporting to be the BVI financial services regulatory authority and to have reached a supervisory decision requiring a Compensation Fund to reserve payment of compensation to an investor who has suffered financial loss. |