Dundee Wealth Management AG (the impersonating entity)

Dundee Wealth Management AG (the impersonating entity)
investorservices@dundeewealthmgmt.co (the email address)
www.dundeewealthmgmt.co (the website)

Issued: 29 July 2022

Financial Services (Jersey) Law 1998 (FS(J)L)
The JFSC issues this public statement under Article 25(d) of the FS(J)L.
This statement is to warn members of the public against dealing with unauthorised financial service providers. The impersonating entity has not received authorisation to conduct financial service business within the meaning of the FS(J)L.

The impersonating entity, via the email address and website, is falsely purporting to provide investment business services whilst claiming to regulated by the JFSC. The impersonating entity is also falsely utilising the incorporation number of a former Jersey-registered company, Dundee Management Ltd (RCD117141).
The JFSC confirms the following:

1. The impersonating entity, the website and email address are not connected in any way to the former Jersey-registered company, Dundee Management Ltd, whose registered office address was 17 Bond Street, St Helier, Jersey JE2 3NP.
2. The impersonating entity has never been registered, nor applied for registration, under the FS(J)L. Therefore any financial service business, as defined in Article 2 of the FS(J)L and carried out by the impersonating entity, is in breach of Article 7 of the FS(J)L.
3. From documentation held by the JFSC, the impersonating entity, the email address and the website display warning signs of being set up for fraudulent purposes.
   Anyone who has had dealings with the impersonating entity is asked to contact the JFSC’s Enforcement team.

All regulated businesses in Jersey are listed on our website.
For further enquiries, please contact the JFSC’s Enforcement team.