ECSRC Suspension of Broker


The Eastern Caribbean Securities Regulatory Commission (ECSRC) has suspended the broker dealer license, number SL-PL-0009-11, of Financial Investment & Consultancy Services (FICS) Ltd effective 10 July 2012. Such suspension is pursuant to Section 66 (3) (a) of the Securities Act No. 21 of 2001 of the laws of Saint Lucia (the Act) as the company has ceased to meet the requirement for licensing in accordance with Section 48 (3) (b) of the Act.

FICS cannot carry on the business of a licensed broker dealer in the Eastern Caribbean Securities Market until this requirement is satisfied.

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