Posted on May 26, 2010 · Posted in Warning Notices

International Financial Services Commission,
Sir Edney Cain Building,
Belmopan,
Belize, C.A.

26 May 2010

WARNING NOTICE AND CEASE AND DESIST ORDER

It has come to the notice of the International Financial Services Commission of Belize (IFSC) that GCI Financial Ltd, which is no longer licensed by the IFSC to engage in Trading in Securities or to provide any other international financial services in or from Belize, is still holding itself out as providing Securities Trading Services from an address in Belize.   This is an offence under section 7 of the International Financial Services Commission Act, Chapter 272 of the Laws of Belize, as amended by Act No. 8 of 2007.

GCI Financial Ltd is therefore directed to cease and desist from carrying on such unlicensed activities forthwith.

All persons concerned are asked to take note and exercise caution.

GIAN C. GANDHI
DIRECTOR GENERAL

International Financial Services Commission of Belize