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MBC Financial Services Ltd.

 
Enforcement Action
Industry Type:
Investment Business
Enforcement Action:
Administrative Penalty $10,000.00
Enforcement Summary:
An administrative penalty in the amount of $10,000.00 was imposed on MBC Financial Services Ltd for its contravention of section 4(1) of the Securities and Investment Business Act, 2010 by carrying on an investment business in or from within the Virgin Islands without being the holder of a licence authorizing it to carry on such investment business.
Matter ID:
INV1123/202