It has been brought to our attention that Prestige Trust Company Ltd (“Prestige”) through its website About Us – Prestige Trust Group is purporting to be licensed in Nevis to provide the following services:

  • Nevis LLC Formation
  • Incorporation of Nevis Business Corporations
  • Trust Registration

The FSRC – Nevis Branch can confirm that Prestige Trust Company Ltd (“Prestige”) is not licensed in the island of Nevis as per the provisions of the Nevis Business Corporation Ordinance, the Nevis Limited Liability Company Ordinance and the Nevis International Exempt Trust Ordinance.

Members of the public are therefore advised to exercise extreme caution if solicited by Prestige Trust Company Ltd (“Prestige”) or any of its representatives.

This advisory is being made pursuant to Section 40 of the Financial Services Regulatory Commission Act, Cap 21.10.

Previous Post

First Quarter 2021 Newsletter - Legislative Updates (Part II)

Next Post

Consolidated List of Financial Sanctions Targets in the UK - April 7, 2021