News

Warnings

Havelet Finance Limited

18th September 2023
Havelet Finance Limited is licensed by the Commission under the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022. However, it has been noted that criminals have been using the firm’s details in attempts to commit advance fee fraud. The fraud scheme has included the setting up of false websites and pages on social media in the name of the firm. Anyone seeking to conduct business with...

NOTICE OF APPLICATION FOR ADMINISTRATION MANAGEMENT ORDER

15th July 2022
ITI Trade Limited (“the Company”), Registration No. 59198 NOTICE IS HEREBY GIVEN pursuant to section 82(5)(b) of the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 that at 10am on the 18th day of July 2022 application will be made to the Royal Court for an administration management order in relation to the Company.

Valsen Fiduciaries International

5th November 2021
The Commission is aware that regulated services are being offered by the above-named entity in Guernsey. The purpose of this notice is to advise that Valsen Fiduciaries International is not licensed, authorised or in any way regulated by the Commission for the conduct of any financial services business in the Bailiwick of Guernsey.

Webtel.mobi Limited

2nd November 2021
It has come to the attention of The Guernsey Financial Services Commission that references have been made via internet news sources and social media platforms to Webtel.mobi Limited being regulated by the Commission and/or Webtel.mobi Limited being regulated on behalf of the Commission by its Resident Agent. The purpose of this notice is to advise that both Webtel.mobi Limited and its holding...

The HyperFund

6th October 2021
The Commission has been notified that investment is being promoted in the above-named entity by non-licensed individuals in Guernsey. The purpose of this notice is to advise that The HyperFund is not licensed, authorised or in any way regulated by the Commission for the conduct of any financial services business in the Bailiwick of Guernsey. The Commission also wishes to emphasise that dealing in...

Clifton Consulting Group LLC

27th April 2021
The Commission has been notified of an unsolicited approach that was made to a Guernsey resident by representatives of the above-named company. The company, which claims to be based in New York, is said to provide trading services in respect of shares and other securities. The company representative offered to arrange to buy shares that were held by the Guernsey resident at a price far higher than...

Advisory Notice Regarding Initial Coin Offerings

26th September 2017
By way of background, Initial Coin Offerings (“ICOs”) are a method of raising funds by the issuance of digital tokens or digital coins in a virtual currency. The operators of the ICO may explain that the proceeds are to be used to fund the development of a project which might itself be a form of digital service or associated software. Although no such schemes have been noted to have been launched...

Exo Capital Markets Limited trading as Trade12.com

17th August 2017
The Commission has been notified of an unsolicited approach that was made to a resident of the Bailiwick of Guernsey by representatives of the above-named company. The Company claims to provide trading services in respect of shares, futures, precious metals and other commodities. The promotion of investment services in the Bailiwick of Guernsey constitutes a restricted activity under the...

Cannon House Asset

11th May 2015
It has been brought to the Commission’s attention that an entity calling itself Cannon House Asset is claiming to be based in Guernsey. The purpose of this notice is to advise that Cannon House Asset is not licensed, authorised or in any way regulated by the Commission to conduct any financial services business in or from within the Bailiwick of Guernsey. Letters have been sent in the name of...