Press statement on WCM Partners
We note that WCM Partners has publicly announced in a press release that it plans to operate as an investment management company out of Jersey and Buckinghamshire.
We are disappointed to see this announcement in advance of either receiving or processing any application from this company for authorisation to conduct licensed business as an investment management firm in Jersey. It would be normal practice when making such an announcement to make it clear that it is ‘subject to regulatory approval’.
We wish to advise that, although the trading name ‘WCM Partners’ has been reserved in the Jersey Registry, no application has been received or processed to authorise WCM Partners to operate as a Jersey company or an authorised investment management firm in Jersey.