Norman Frederick Silvain and Efaze Limited (2014-01-30)

Summary

This is a public warning notice issued by the Guernsey Financial Services Commission concerning Norman Frederick Silvain and the BVI-registered company Efaze Limited. It alerts the public and financial services businesses that neither Mr Silvain nor Efaze Limited is licensed, registered or otherwise authorised to conduct financial services business, including company formation, in or from the Bailiwick of Guernsey.

• Background: Mr Silvain was reported to have worked at financial services businesses in Guernsey during 2010 and early 2011, and is believed to have since left the Island.
• Association: Mr Silvain is known to be associated with Efaze Limited, a BVI registered company (registration number 1065831).
• Warning: Efaze Limited is not licensed, registered or authorised to conduct any financial services business, including company formation, in or from within the Bailiwick of Guernsey.

The notice is informational and serves to warn the public and industry against dealing with this individual or company as if authorised; it does not impose ongoing compliance obligations on licensed entities beyond general vigilance.