Updated on December 12, 2024
1. Regulatory Status
This notice clarifies the regulatory status of Aegis Vault Ltd. (“Company”) under the British Virgin Islands Financial Services Commission (FSC) regulatory framework.
The Company hereby confirms that it operates as a BVI Business Company (No. 2163500) and at this stage does not engage in any FSC-regulated activities under SIBA or FMSA, including:
- Investment business
- Fund management
- Banking or trust business
- Money services business
- Insurance business
2. Operational Scope
The Company’s current activities are limited to:
- Technology development
- Software testing and deployment
- Research and development
- Business development and partnerships
3. Compliance Framework
While not currently subject to specific FSC licensing requirements, the Company:
- Maintains registration with FIA for AML/CFT purposes
- Implements comprehensive KYC/AML procedures
- Conducts regular compliance monitoring
- Maintains accurate records of all operations
4. Future Development
The Company will seek appropriate licenses and registrations as its operations expand and when required by applicable regulations.
This notice will be reviewed and updated upon any material changes to the Company’s activities or applicable regulations.