Royal Forex Trading Ltd. - Advisory Warning No. 8 of 2010 (December 10, 2010)

Advisory Warning No. 8 of 2010
 
 
10 December, 2010
 
 
ADVISORY WARNING
 
ROYAL FOREX TRADING LTD
 
Tortola, British Virgin Islands – 10 December, 2010 – The British Virgin Islands Financial Services Commission (the “FSC”) wishes to inform the public that Royal Forex Trading Ltd, is not incorporated or registered in the British Virgin Islands, and not licensed to carry on financial services business 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.
 
The Commission has recently been made aware that Royal Forex Trading Ltd is offering Forex investment opportunities on its website at www.royalforextrade.com and holds itself out to be incorporated in the United States of America, and registered and licensed in the British Virgin Islands.   The Commission hereby informs the public that Royal Forex Trading Ltd is not, and has not at any time been incorporated, registered, or licensed by the Commission. 
Members of the public are advised to exercise extreme caution in conducting any transactions with Royal Forex Trading Ltd.
 
The public is invited to provide the Commission with any relevant information on questionable entities which are purportedly operating in or from within the Territory.
 
Signed:
 
Robert A. Mathavious
Managing Director /CEO
British Virgin Islands Financial Services Commission
Pasea Estate, Tortola, British Virgin Islands
Telephone: (284) 494-4190
Facsimile: (284) 494-5016
E-mail: [email protected]
Website: www.bvifsc.vg
Hours: Monday - Friday 8:30 am - 4:30 pm