Vanuatu Financial Services Commission

Year 1993Regulated 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

Fair Forex

Disclosure summary

Disclosure matching Name matching
Disclosure time 2022-10-12
Reason for punishment The entity's licence is been revoked.

Disclosure details

Notice of Revocation of the Financial Dealers License.

Notice of Revocation of the Financial Dealers License. Section 7A (7) of the Financial Dealers Licensing Act [Cap 70 ] Take notice that the Financial Dealers Licence issued to the Company Fair Forex Ltd Is hereby revoked DATED this 12th day of October, 2022. SERAH OBED ACTING COMMISSIONER

Annex