Warnings

​It has been brought to the Commission's attention that the above-named entity is operating a web site with an address of www.crystalixlondon.com.The web site indicates that CRYSTALIX LONDON provide offshore multi–manger funds which are structured as Protected Cell Companies (PCCs) domiciled in Guernsey. The purpose of this notice is to warn potential investors that the company is not licensed...

The above named company is a company incorporated under the laws of The Bahamas with registration number 34,965B. The purpose of this notice is to clarify that Guernsey Corporate Secretaries Limited is not a Guernsey company, nor is it licensed, authorised or in any way regulated by the Commission to carry out corporate secretarial or other regulated fiduciary activities under The Regulation of...

​It has been brought to the Commission's attention that a website has been operating using the trading name of Reality Millions. The site claims that an entity registered as an "International Business and Investment Trust Company" under the name RM Private Trust, also known as ITBG Securities Underwriters Corporation, has its home jurisdiction in the Channel Islands. The Commission wishes to...

​It has been brought to the Commission’s attention that the website www.sigmaforex.com associated to Sigma Forex contains a link to the Commission’s own website and implies that the company complies with Guernsey regulations. The Commission wishes to advise that Sigma Forex is not licensed, registered or in any way authorised to conduct any financial services business in or from within the...

I​t has been brought to the Commission's attention that the above-named entity is operating a website with an address of www.cl-investing.com. The web site indicates that CL INVESTING provides offshore multi–manger funds which are structured as Protected Cell Companies (PCCs) domiciled in Guernsey. The purpose of this notice is to warn potential investors that the company is not licensed...

It has recently come to the attention of the Commission that Joseph Coutts, the former shareholder and managing director of St James Global Limited, may be trading as an insurance intermediary under the name St James Global from Monaco. The Commission understands that he may be trying to contact former clients of St James Global Limited to promote new products. St James Global Limited is a...

GUERNSEY INTERNATIONAL FINANCIAL SERVICES COMMISSION, INTERNATIONAL FINANCIAL SERVICES CERTIFIED PAYMENT LIABILITY COVERAGE, IFSP & LC CERTIFICATION DECLARATION FORM The Commission has become aware of a scam in which victims are asked to pay a fee in order to obtain "Certified Payment Liability Coverage" from the "International Financial Services Commission", to enable funds to be released. The...

​The Guernsey Financial Services Commission has recently investigated a number of cases where Bailiwick residents have received unsolicited telephone calls from staff of investment businesses that do not have their place of business in the Bailiwick. The practice, where a person makes an unsolicited call to a potential investor seeking to sell them investments during the course of that call, is...

The Commission has had a new twist to an investment scam brought to its attention and wishes to warn local investors about it. Over the past few years a number of local residents have been "cold called" by brokers from outside the Island attempting to get people to invest in shares in small overseas companies. The general pattern has been for the value of these thinly traded shares to dwindle and...