Warnings

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 Fund CWM Balanced CWM Equity Fund CWM Prime Fund CWM Property Fund Please 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...

​The Commission is aware of a new method being used by fraudsters against licensees to commit fraud via telephone. The scam involves the fraudster making the victim believe that they are speaking to a trusted organisation by fooling their phones into displaying any number they choose. The scam, known as 'number spoofing', works by fraudsters cloning the telephone number of the organisation or...

It has recently come to the Commission's attention that a company called West Capital Partners Inc. of New York has been making unsolicited approaches (a practise known as 'cold calling') to a number of Bailiwick residents. The purpose of this notice is to advise that the company is not licensed, authorised or in any way regulated by the Commission for the conduct of any financial services...

​It has recently come to the Commission's attention that GAIA almanac Ltd, a Hungarian company purporting to be an International Register of Trademarks, is approaching businesses following the registering of trademarks in the United Kingdom and requesting a sum of money in return for registration and listing in its 2015 publication. The purpose of this notice is to caution businesses receiving...

It has been brought to the Commission's attention that the above-named entity, with an associated website of www.ciswaps.co.uk, recently placed an advert in the Guernsey Press regarding the mis-selling of interest rate hedging products. The purpose of this notice is to advise that the company is not licensed, authorised or in any way regulated by the Commission for the conduct of any financial...

​It has recently come to the Commission's attention that a person using various aliases including James Arthur Riise and Douglas R. Baker has been claiming to be licensed by the Commission to engage in business as a loan broker. The Commission can confirm that these claims are false and are part of a scheme designed to commit fraud. By way of confirmation, loan broking services are not regulated...

It was brought to the Commission's attention that during 2010 and early 2011, Mr Silvain had been working at financial services businesses in Guernsey. It is believed that he has now left the Island. Mr Silvain is known to be associated with the BVI registered company, Efaze Limited, registration number 1065831. Efaze Limited is not licensed, registered or in any way authorised to conduct any...