Corporate One Asset Management
Public Statement
Corporate One Asset Management
http://www.corporateoneassetmgmt.com (the "Website")
Financial Services (Jersey) Law 1998, as amended (the "Financial Services Law")
The Jersey Financial Services Commission (the "Commission") issues this public statement under Article 25(d) of the Financial Services Law.
This statement is made in order to warn investors and others against dealing with unauthorised financial services providers. Corporate One Asset Management has not received authorisation to conduct financial services business within the meaning of the Financial Services Law.
The Commission has recently been made aware that Corporate One Asset Management is offering investment advice to Jersey residents through unsolicited telephone calls.
The Commission wishes the following to be known:
1. Corporate One Asset Management has never been registered, nor applied for registration, under the Financial Services Law. Therefore any financial services business, as defined in Article 2 of the Financial Services Law and carried out by Corporate One Asset Management since 1 July 1999, is in breach of Article 7 of the Financial Services Law; and
2. From documentation held by the Commission, it appears Corporate One Asset Management and the Website display warning signs of being set up for a fraudulent purpose.
All regulated businesses in Jersey are listed on our website.
Any person who has had dealings with Corporate One Asset Management is requested to contact the Commission.
Jersey Financial Services Commission
14 – 18 Castle Street
St. Helier
Jersey
JE4 8TP
Contact: Barry Faudemer – b.faudemer@jerseyfsc.org
24 June 2011