Sterling Fund & Co Wealth Management
Public Statement
Sterling Fund & Co Wealth Management (Sterling)
Sterlingfundandco.com (the Sterling Website)
info@sterlingfundandco.com (the Sterling Email Address)
19 April 2018
Financial Services (Jersey) Law 1998, as amended (FS(J)L)
The Jersey Financial Services Commission (JFSC) issues this public statement under Article 25(d) of the FS(J)L.
This statement is made in order to warn investors and others against dealing with unauthorised financial service providers. Sterling has not received authorisation to conduct financial service business within the meaning of the FS(J)L.
It appears to the JFSC that Sterling is falsely purporting to trade from an address of 26 New Street, St. Helier, Jersey JE2 3RA and is carrying on, or holding out that it is carrying on, financial service business in Jersey when it is not authorised to do so pursuant to the provisions of the FS(J)L.
The JFSC wishes the following to be known:
1. Sterling 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 Sterling in or from within Jersey since 1 July 1999, is in breach of Article 7 of the FS(J)L.
2. From documentation held by the JFSC, it would appear that Sterling, the Sterling Website and the Sterling email address display the 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 Sterling is requested to contact the JFSC.
For further enquiries please contact Barry Faudemer.