CL Investing Limited / CL Investing Asset Management Company (2009-09-16)

Summary

This is a public investor warning issued by the Guernsey Financial Services Commission concerning CL Investing Limited and CL Investing Asset Management Company, which operate a website advertising offshore multi manager funds structured as Protected Cell Companies said to be domiciled in Guernsey.

• Warning: The Commission confirms that CL Investing is not licensed, authorised or otherwise regulated by the GFSC to conduct financial services business in or from the Bailiwick of Guernsey.
• Investor guidance: Potential investors are urged to exercise extreme caution with unsolicited investment approaches and to always verify a company's regulatory status before entering into any contract.
• Contact: Anyone requiring further guidance is directed to contact the Commission's Intelligence Team.

The notice is purely informational and does not create any ongoing regulatory obligations for licensed entities; it serves to alert the public and the industry that this specific operator has no authorisation from the GFSC.

Applies to

unlicensed entities purporting to offer investment funds, members of the public/potential investors