BVI issues trio of warnings

Robert Mathavious, managing director and CEO of BVI FSC, says Exto Capital SA, Sky Way Monetary and Gulf International Investment Group (GIIG 1982) are not licensed to carry on financial services business in or from the territory. "Members of the public have been advised to exercise caution in conducting any transactions with the firms," he says. Exto Capital SA is an independent brokerage firm offering foreign exchange and CFDs on indices, commodities, and major stocks, while Sky Way Monetary was established in 1982 and claims to be a leader in traditional markets, import and export,...