E-Global Trade & Finance Group, Inc (“E-GLOBAL”) is authorized and licensed by the Financial Services Commission (“FSC”)
under the Securities and Investment Business Act, 2010 (“SIBA”) in the
British Virgin Islands (“BVI”). This has been acquired due to E-GLOBAL’s
intentions to become fully licensed company and secure the investment
brokerage services to the customers.
The BVI is a British Overseas Territory
with a legal system developed on English common law. The BVI is
supporting international business industry presence within its
jurisdiction and as a reason of that gained rank amongst the top
offshore jurisdictions globally. The data according to ”The Global Financial Centres Index”.
Under SIBA regulation, the FSC promotes
the BVI’s licence regime to comply with international best practice and
common standards of industry predefined by such organizations as the
International Monetary Fund and the International Organization of
Securities Commissions.
Moreover International Monetary Fund in 2010
issued the statement that the global financial crisis has not affected
the health of companies incorporated in BVI. Simultaneously the report
indirectly affirmed the FSC as capable organization to enforce the core
principles of international supervision of the financial markets for the
companies with the principal place of business in BVI. The commission
has made it happen by the introduction of SIBA.
E-GLOBAL complies with all regulations set by the FSC under SIBA with the focus on three main duties:
- transparency;
- customer interests protection;
- law-abiding performance.
