Standard National Bank & Trust ("SNBT") - 20 January 2004
Public Statement - Standard National Bank & Trust ("SNBT")
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 Standard National Bank & Trust ("SNBT"), which is purportedly represented by the website www.stanbankgrp.org, has not received authorisation to conduct financial service or deposit-taking business within the meaning of the laws stated below.
The Commission has recently been made aware that the SNBT website implies that SNBT has an office in Jersey when it does not.
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") and Article 45B of the Banking Business (Jersey) Law 1991, as amended ("the Banking Business Law").
The Commission wishes it to be known that:
Any person who has had dealings with SNBT is requested to contact the Commission.
20 January 2004