Regulatory Alerts2026-07-24
Added · Updated
Public Notice No. 8 of 2026 Regarding SP MONZA BANK
The Securities Commission of The Bahamas advises that SP MONZA BANK and its agents are not registered or licensed to operate in The Bahamas and have not applied for such status. The entity is prohibited from conducting registrable or licensable activities within the jurisdiction, as any such operations constitute a violation of the Securities Industry Act 2024 and related statutes. Additionally, the entity faces criminal prosecution and regulatory sanctions for falsely claiming affiliation with a licensed provider or authorization by the Commission. The public is instructed to verify the entity's status against the Commission's official registrant and licensee search before engaging in any business.
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