Bank Of Family - 25 March 2010
Public Statement – Bank Of Family
The Commission has issued this public statement under Article 48(2) of the Banking Business (Jersey) Law 1991, as amended
This statement is made in order to warn investors and others against dealing with unauthorised financial services providers.
(“Bank Of Family”)
It appears to the Commission that Bank Of Family, as described on the Website, is carrying on or holding out that it is carrying on deposit-taking business in Jersey when it is not authorised to do so pursuant to the provisions of the Banking Business Law. Further, it appears from the documentation held by the Commission that Bank Of Family is attempting to utilise the website content, address and telephone numbers of HSBC Bank International Limited; a bona-fide registered financial services provider in Jersey and other jurisdictions. Bank Of Family and the Website are not connected in any way to HSBC Bank International Limited or companies within the HSBC Group.
The Commission wishes it to be known that:
All regulated businesses in Jersey are listed on the Commission’s website at the following address: www.jerseyfsc.org/the_commission/regulated_entities/index.asp
Any person who has had dealings with Bank Of Family is requested to contact the Commission.
Jersey Financial Services Commission
Contact: Barry Faudemer - email@example.com
25 March 2010