THE FINANCIAL SERVICES COMMISSION (FSC) is warning Barbadians about doing certain financial transactions with companies that are not registered with the body to do business locally.
The caution came from chief executive officer Randy Graham, as the FSC issued a public advisory about companies that were not registered to carry out securities and mutual fund activities in Barbados.
In an interview with the WEEKEND NATION, Graham said international business companies could operate from Barbados but their business activities were directed at the international market.
“If anything comes to us that may suggest that they are operating in the domestic market, what we would do is ensure that the public is aware of which companies have licences to operate in Barbados and which don’t,” he said.
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