Warnings

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.

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.

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 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...

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...

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...

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 Protection...

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...

It has come to the Guernsey Financial Services Commission's attention that a website cites the following as cells of The Global Mutual Fund PCC Limited, a fund authorised in Guernsey:CWM Capital FundCWM BalancedCWM Equity FundCWM Prime FundCWM Property FundPlease note that the above are not cells approved by the Guernsey Financial Services Commission.

The Commission is aware that there has been an increase in the number of attempted, and in some cases successful, frauds on customer bank accounts held with local financial institutions. This has occurred via the use of compromised e-mail accounts or through the "piggy-backing" of e-mails. These fraudulent attempts are being made across a wide range of financial institutions with as yet no...