News Press Release

• Public Statements
• Feb 11, 2013

Public Statement Re: Sigma Trust Company Limited Grand Turk, Turks and Caicos Islands, BWI – 11 February 2013

The Turks and Caicos Islands Financial Services Commission (“The Commission”) considers it necessary to issue this public statement in order to protect the public interest, and the interests of any of the customers and creditors of the Sigma Trust Company Limited (hereinafter referred to as „Sigma‟), and further to make the general public aware that Sigma is no longer a licensee of the Commission. 

The details are:

• Sigma was issued a license to act as a Professional Trustee (License No. 12) pursuant to the Trustee (Licensing) Ordinance 1992 on 13th July 1994.
• Sigma has made application to the Commission, pursuant to Section 34(1)(c) of the Financial Services Commission Ordinance, to have is license revoked.
• The Commission accepted Sigma‟s application and subsequently revoked its license to act as a Professional Trustee on 1 st February 2013. This Public Statement was issued pursuant to Section 39 of the Financial Services Commission Ordinance

J. Kevin Higgins Managing Director