Disclosure details -

Vanuatu Financial Services Commission

1993 yearRegulated by Government

The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, the VFSC was the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management. The VFSC has set up four departments, namely Corporate Services, Legal Enforcement & Insolvency, Supervision and Registration.

Disclose broker

Sanction Permanent cessation of business / revocation of license

Vida Markets

Disclosure summary

Disclosure matching Name matching
Disclosure time 2023-08-30
Reason for punishment The entity's licence has been revoked.

Disclosure details

Notice of Revocation of the Financial Dealers License.

Notice of Revocation of the Financial Dealers License. Section 6A (2) of the Financial Dealers Licensing Act [Cap 70 ] Take notice that the Financial Dealers Licence issued to the Company VIDA GLOBAL MARKETS(V) LIMITED Is hereby revoked DATED this 30th day of August, 2023. Branan Karae COMMISSIONER

Annex

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Warning

2023-04-20

Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities