Douglas St. James - 8 March 2004
Public Statement - Douglas St. James
This statement is made in order to warn investors and others against dealing with unauthorised financial services providers.
The purpose of this statement is to advise the public that Douglas St. James ("DSJ") has not received authorisation to conduct financial services business as defined within the meaning of the Law stated below.
The Commission has recently been made aware that Douglas St. James, an investment firm possibly located in Switzerland, is offering investment-brokering services to local residents by canvassing potential investors with unsolicited telephone calls ("cold calling").
The Jersey Financial Services Commission ("the Commission") has issued this public statement under Article 22 of the Financial Services (Jersey) Law 1998, as amended ("the Financial Services Law").
The Commission wishes it to be known that:
Any person who has had dealings with DSJ is requested to contact the Commission.
8 March 2004