Caribbean Fintech Pledge

News Articles • October 07, 2019 • by: FSC

In October 2019, securities regulators on six continents will promote investor education and protection through World Investor Week, an initiative of the International Organization of Securities Commissions (IOSCO). World Investor Week is a global campaign to raise awareness about the importance of investor education and protection, and to highlight the investor education and protection initiatives of securities regulators.

Virtual and digital currencies/assets are gaining popularity. However, it should be underscored that consumers need to assess the risks associated with holding and/or investing in virtual or digital assets prior to investing in these assets. In particular, consumers should be aware that providers of virtual or digital assets are mostly unregulated. Regional and global regulators emphasize that consumers should know the potential risks of buying or investing in virtual currencies and assets. High volatility, the lack of (proper) regulation, vulnerabilities concerning cybersecurity, misuse for criminal and fraudulent activities, and lack of transparency makes these types of high risk investments unsuitable for retail investors, or investors other than professional, accredited, or sophisticated investors.

Together, we are committed to helping you protect yourself and the integrity of our markets.

Education is essential to understanding these types of products, so please read the following and

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