Vanuatu regulator withdraws 4 financial dealer licenses

October 12, 2020

Vanuatu regulator withdraws 4 financial dealer licenses

In a public notice posted on October 10, 2020, the Vanuatu Financial Services Commission announced that the following licensees have not engaged in Financial Dealers business, and do not have investor funds in their custody, therefore no investors will be affected by the withdrawal of their license and the payment of their bond deposit; consequently, the Commissionner stated his intention to withdraw and pay bond monies to the companies after the expiry of 90 days.

  • JIRI INTERNATIONAL MARKETS Ltd.
  • MIRA MARKETS Ltd.
  • SMARTHUB Ltd.
  • WESTERN GROUP Inc.

The refund of bond money will be due on January 8, 2021.

Anyone who objects to the withdrawal and payment of such bond must submit a notice of objection within the 90 days period to the Commissionner, Vanuatu Financial Services Commission, Private Mail Bag 9023, Port Vila, Vanuatu; or by email to hmoli [at] vfsc [dot] vu.

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