Jersey Financial Services Commission Logo

2005

White Horse - 20 June 2005

Public Statement - White Horse

This statement is made in order to warn investors and others against dealing with unauthorised financial services providers.

White Horse Corp
White Horse Corporation
WHC Banking Services
WHC Bank Inc.
WHC Trusts

(Collectively “White Horse”)

www.whitehorsecorp.com (the “website”)

White Horse has not received authorisation to conduct financial service or deposit-taking business within the meaning of the laws stated below.

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:

1. White Horse has never been registered, or applied for registration, under the Financial Services Law. Therefore any financial service business, as defined in Article 2 of the Financial Services Law and carried out since 1 July 1999, is a breach of Article 6 of the Financial Services Law.

2. White Horse has never been registered, or applied for registration, under the Banking Business Law. Therefore any deposit-taking business, as defined in Article 3 of the Banking Business Law and carried out since 1 October 1991, is a breach of Article 7 of the Banking Business Law.

3. All regulated businesses are listed on the Commission’s website at www.jerseyfsc.org.


Any person who has had dealings with White Horse is requested to contact the Commission.

Gary Godel
Director Enforcement
Jersey Financial Services Commission

Nelson House
David Place
St. Helier
Jersey
JE4 8TP

20 June 2005

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