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2005

Flemings Offshore Bank - 16 June 2016

Public Statement - Flemings Offshore Bank

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

Flemings Offshore Bank
Flemings Offshore Bank Limited
Flemings Offshore Private Banking

(Collectively “Flemings Offshore Bank”)

www.flemings-offshore-bank.com (the “website”)

Flemings Offshore Bank have not received authorisation to conduct deposit-taking business or investment business within the meaning of the laws stated below.

The Jersey Financial Services Commission (the “Commission”) has issued this public statement under Article 25 of the Financial Services (Jersey) Law 1998, as amended (the “Financial Services Law”) and Article 48 of the Banking Business (Jersey) Law 1991, as amended (the “Banking Business Law").

The Commission wishes it to be known that:

1. Flemings Offshore Bank 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 8 of the Banking Business Law.

2. Flemings Offshore Bank 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 7 of the Financial Services Law.

3. Flemings Offshore Bank is not connected in any way to the genuine authorised banking, investment and trust company business provided in Jersey by Fairbairn Private Bank Limited and its associated entities past and present.

4. All other regulated businesses are listed on the Commission’s website at www.jerseyfsc.org.

Any person who has had dealings with Flemings Offshore Bank is requested to contact the Commission.

Gary Godel
Director Enforcement
Jersey Financial Services Commission

Nelson House
David Place
St. Helier
Jersey
JE4 8TP

5 December 2005

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