The British Virgin Islands Financial Services Commission has issued a public statement warning that TCWB / TCWB.US has never been licensed or regulated by the FSC to carry on any type of financial services business in or from within the Territory of the Virgin Islands. The FSC said TCWB / TCWB.US is falsely purporting to be a British Virgin Islands financial institution authorised to provide banking services, including high-yield accounts, international banking, wealth management and establishing a BVI sub-company. It added that the entity’s website (tcwb.us) is not a BVI Business Company, urged the public to avoid conducting any financial services with TCWB / TCWB.US, and noted the statement was issued pursuant to Section 37A of the Financial Services Commission Act, 2001.