Jersey Financial Services Commission issue a Public Statement HSBC Bank Middle East Limited (“HBME” or “the Bank”) Banking Business (Jersey) Law 1991, as amended (the “Banking Law”) Action 1.1.         The Jersey Financial Services Commission (the “Commission”) issues this public statement under Article 48(2) of the Banking Law. 1.2.         This action supports the Commission’s objectives of […]

Jersey Financial Services Commission Public Statement on Christian James Bulcock Blair (“Mr Blair”), born 11 February 1973 (formerly Christian James Bulcock), Former Trust Company Business Employee 1              Action 1.1          The Jersey Financial Services Commission (the “Commission”) issues this public statement pursuant to Article 25(a) of the FS(J)L with respect to directions issued to Mr Blair […]

The Jersey Financial Services Commission (JFSC) has today issued a Public Statement in relation to Equity Trust (Jersey) Limited (Equity) concerning  its role as trustee to two Jersey non-charitable purpose trusts (FSTs) and as former trustee of three collective investment funds (Funds) investing in undeveloped property in Bulgaria, Croatia and Montenegro. Following the JFSC’s Application […]

The Jersey Financial Services Commission (the “Commission”) issues this public statement pursuant to Article 25 of the FS(J)L. Following an investigation into the fitness and propriety of Mrs Jardine, in respect of her conduct as a former Principal Person and Key Person of STM Fiduciare Limited and participating members, PO Box 203, 3rd Floor, Windward […]

The Jersey Financial Services Commission (the “Commission”) issues this public statement pursuant to Article 25 of the FS(J)L. Introduction 1.1.         STM Jersey is presently authorised by the Commission to conduct Trust Company Business as defined in the FS(J)L. Following concerns over compliance by STM Jersey, through the conduct of one of its principals, with applicable […]

The 1st qtr. of 2015 has been a busy period for JFSC regulatory action and it looks like it’s not over yet. The JFSC issued four public statements in the first quarter of 2015 in relation to a scam, a local business and 2 employees: New World Trustees (Jersey) Limited – march 2015 blackpearl-asia.com – […]

The Jersey Financial Services Commission (the “Commission”) issues this public statement under Article 25 of the Financial Services Law. This action supports the Commission’s objectives of reducing the risk to the public of financial loss and protecting and enhancing the reputation and integrity of Jersey in Commercial and financial matters. This public statement serves to […]

Public Statement on Mr Stephen Lee Ross (“Mr Ross”), born 8 February 1962 – Financial Services (Jersey) Law 1998, as amended (the “Financial Services Law”) The Jersey Financial Services Commission issues this public statement under Article 25(a) of the Financial Services Law with respect to directions issued to Mr Ross under Article 23 of the […]