Globevisa Clarifies Position on Recent Industry Incident of Corporate Misconduct

Dear Clients/Partners/Stakeholders, We hope this message finds you well. We would like to address the recent industry incident that has garnered attention and reiterate our firm’s stance. Being one of the world’s largest RCBI firms, Globevisa Group has recently received extensive attention due to the current incident of a well-known immigration agency in China. We recognize the impact it has on our clients, partners, and stakeholders. Globevisa Group has been upholding compliance as our core belief in its day-to-day operation since day one. We have never and will never breach any law or violation as we have zero tolerance for illegitimate practices. Our Group policy specifies that “Employees shall not aid, abet or personally settle foreign exchange for clients or introduce intermediaries to help clients with settling foreign exchange.” Compliance is the buttress of Globevisa Group. Throughout our decades of operation, our belief in compliance has remained resolute. It is indispensable for us to practice legitimately in the best interest of our clients, our staff members, and our partners. Globevisa Group will continue to enhance our practice of compliance by further strengthening our employee training. We fully understand your concerns and the uncertainties incidents like these can create. Rest assured, we are dedicated to resolving this matter with the utmost urgency and diligence. We value your partnership and trust and are fully committed to regaining and maintaining your confidence in Globevisa Group. Thank you for your continued support. With an international network of eighteen firms spreading across Asia, Europe, America, and Oceania, Globevisa Group strives to provide top-notch services to our clients anytime, everywhere. Sincerely, Globevisa Group