Crystalix London Limited / Crystalix London Asset Management Company (2009-10-07)

Summary

This is a public warning notice issued by the Guernsey Financial Services Commission (GFSC) concerning Crystalix London Limited and Crystalix London Asset Management Company. The entity operates a website advertising offshore multi manager funds structured as Protected Cell Companies said to be domiciled in Guernsey, but it holds no licence, authorisation or regulatory approval from the Commission to conduct financial services business in or from the Bailiwick of Guernsey.

• Warning issued: Crystalix London Limited / Crystalix London Asset Management Company is not licensed, authorised or regulated by the GFSC for any financial services business in or from Guernsey.
• Investor caution: Potential investors are urged to exercise extreme caution with unsolicited investment offers and to verify a company's regulatory status before entering into any contract.
• Further guidance: Enquiries can be directed to the Commission's Intelligence Team by telephone.

This notice is purely informational and does not impose ongoing compliance obligations on regulated entities; it serves to alert the public and licensed firms to an unauthorised operator using Guernsey's name.

Applies to

prospective investors, unlicensed entities purporting to offer Guernsey domiciled funds