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2004

Atlantic Credit Nominees - 16 June 2016

Public Statement - Atlantic Credit Nominees

This statement is made in order to warn investors and others against dealing with unauthorised financial services providers.

Atlantic Credit Nominees
Atlantic Credit Nominees Group
Atlantic Credit Nominees Limited
Atlantic Credit Nominees Corporation
Atlantic Credit Nominees Asset Management Limited
www.atlanticreditnominees.com

The purpose of this statement is to advise the public that Atlantic Credit Nominees and the other associated entities named above (collectively "ACN") which is purportedly represented by the website www.atlanticreditnominees.com, has not received authorisation to conduct financial service or deposit-taking business within the meaning of the laws stated below.

The Commission has recently been made aware that the ACN website implies that ACN has an office in Jersey when it does not.

The Jersey Financial Services Commission ("the Commission") has issued this public statement under Article 22 of the Financial Services (Jersey) Law 1998, as amended ("the Financial Services Law") and Article 45B of the Banking Business (Jersey) Law 1991, as amended ("the Banking Business Law").

The Commission wishes it to be known that:

1. ACN has never been registered, or applied for registration, under the Financial Services Law. Therefore any financial service business, as defined in Article 2 of the Financial Services Law and carried out since 1 July 1999, is a breach of Article 6 of the Financial Services Law.

2. ACN has never been registered, or applied for registration, under the Banking Business Law. Therefore any deposit-taking business, as defined in Article 3 of the Banking Business Law and carried out since 1 October 1991, is a breach of Article 7 of the Banking Business Law.

Any person who has had dealings with ACN is requested to contact the Commission.

Gary Godel
Director Enforcement
Jersey Financial Services Commission.


Nelson House,
David Place,
St. Helier,
Jersey,
JE4 8TP.

24 June 2004

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