Cannon House Asset (2015-05-11)

Summary

This is a public warning notice issued by the Guernsey Financial Services Commission alerting the public that an entity calling itself Cannon House Asset is not licensed, authorised or regulated to conduct financial services business in or from Guernsey.

• Fraud tactic: Letters sent under the name Cannon House Asset falsely claim it operates from the same address as, and uses the name of an employee of, the genuine regulated firm Cannon Asset Management Ltd.
• No connection: The Commission confirms Cannon Asset Management Ltd is in no way connected to the fraudulent entity Cannon House Asset.
• Action for recipients: Anyone contacted by Cannon House Asset is asked to contact the Commission's Intelligence Team for assistance.

The notice is informational and consumer-protection focused; it does not impose ongoing compliance obligations on regulated firms.