Shankars Emporium Bank - 16 June 2016
Public Statement - Shankars Emporium Bank
This statement is made in order to warn investors and others against dealing with unauthorised financial services providers.
Shankars Emporium Bank ("SEB")
The purpose of this statement is to advise the public that SEB has not received authorisation to conduct deposit-taking business within the meaning of the laws stated below.
SEB is currently offering banking services over the Internet. The Commission has reason to believe that SEB is claiming to have a connection with Jersey when it does not.
The Jersey Financial Services Commission ("the Commission") has issued this public statement under Article 45B of the Banking Business (Jersey) Law 1991, as amended ("the Banking Business Law").
The Commission wishes it to be known that:
Any person who has had dealings with the entity calling itself SEB is requested to contact the Commission.
29 September 2003