NOTICE
-
PUBLIC NOTICE: TCIFSC is aware of speculation about a licensed bank and is engaging the institution. We are monitoring the matter and advising the public that there is no cause for concern.
The Turks and Caicos Islands Financial Services Commission (TCIFSC) is aware of speculation circulating publicly concerning a licensed bank operating in the Turks and Caicos Islands.
The Commission wishes to advise the public that it is in communication with the institution and is actively monitoring the matter in accordance with its supervisory mandate.
Based on the information available to the Commission at this time, there is no cause for concern, and depositors are advised that there is no basis for panic.
The TCIFSC will continue to engage with the institution and will provide further updates should it become necessary to do so.
Members of the public are encouraged to rely on official communications issued by the Commission or the institution, and to avoid speculation