MMIP International Portfolios Limited - Advisory Warning No. 17 of 2012 (11 September 2012)

Advisory Warning No. 17 of 2012

11 September, 2012

ADVISORY WARNING

MMIP INTERNATIONAL PORTFOLIOS LIMITED

Tortola, British Virgin Islands – 11 September, 2012 - The British Virgin Islands Financial Services Commission (the “FSC”) has recently been made aware that MMIP INTERNATIONAL PORTFOLIOS LIMITED is carrying on unauthorised investment business activities by providing investment management and advisory services in and from within the Territory without holding the relevant operating licence.   The FSC hereby informs the public that MMIP INTERNATIONAL PORTFOLIOS LIMITED is not and has not at any time been licensed to carry on financial services business in or from within the Territory. 

Members of the public are therefore advised to exercise extreme caution in conducting any transactions with MMIP INTERNATIONAL PORTFOLIOS LIMITED.

The public is invited to provide the FSC with any relevant information on questionable entities which are purportedly operating in or from within the Territory.

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