WARNING NOTICE: PROSPUH | Date: 2024-10-28
This WARNING is issued by the Eastern Caribbean Securities Regulatory Commission (“the Commission/ECSRC”) pursuant to Article 5(q) of the Eastern Caribbean Securities Regulatory Commission Agreement 2020 and the Commission’s mandate to protect investors under the Securities Act 2001 of the laws of the member countries of the Eastern Caribbean Currency Union (ECCU).
The Commission advises the general public that the entity/App Prospuh - https://prospuh.com is neither registered with nor licensed by the ECSRC to carry on securities business in Saint Lucia or any other member country of the Eastern Caribbean Currency Union...read more
MARKET NOTICE: Requirements for Market Participation: Securities Offering | Date: 2024-10-03
The Eastern Caribbean Securities Regulatory Commission (The Commission/The ECSRC) reminds prospective issuers seeking to offer securities in the Eastern Caribbean Securities Market (ECSM) that only an entity licensed by the Commission can act as:
Prospective issuers must ensure that where a Trustee is required, this information is included in the Offering document...read more
NOTICE OF FINE | Date: 2024-09-10
Notice is hereby given that cable and wireless (St Kitts and Nevis) ltd is fined the sum of $100,000.00 for breach of the securities (continuing disclosure obligations of issuers) regulations of the securities act cap. 21.16.
WARNING NOTICE - IOSCO Statement | Date: 2023-12-18
Online harm can take many forms, encompassing, for example, the inappropriate online promotion of risky investments, misleading statements made in advertisements or social media content, and fraudulent and illegal online activity or other investment scams, including those involving digital assets. While the misconduct patterns might be familiar, the ease of such online misconduct and the borderless nature of the online environment present new and growing challenges as novel forms of crypto-asset or technology-based fraud are increasing. The growing sophistication in the application of artificial intelligence (AI) to all facets of society has the dual potential of magnifying the scale and impact of harmful online activities and providing new and powerful ways for regulators to detect, deter and disrupt such activities...read more
