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WORLD ARROW LIMITED

 
Enforcement Action
Enforcement Action:
Administrative Penalty $49,000
Enforcement Summary:
An administrative penalty in the amount of $49,000 was imposed on World Arrow Limited pursuant to sections 37(1)(a)(i) of the Financial Services Commission Act, 2001 and Schedule 1 of the Financial Services (Administrative Penalties) Regulations, 2007, for its contravention of section 4(1) of the Securities and Investment Business Act, 2010 for carrying on investment business without the appropriate licence.
Matter ID:
BF101113/391