The HyperFund (2021-10-06)

Summary

This is a public consumer warning issued by the Guernsey Financial Services Commission concerning an entity known as The HyperFund. The Commission states it has received reports that investment in this entity is being promoted in Guernsey by unlicensed individuals.

• Not licensed: The HyperFund is not licensed, authorised or otherwise regulated by the Commission to conduct financial services business in the Bailiwick of Guernsey.
• Risk warning: Dealing with non-licensed persons could result in total loss of investment and may leave investors without access to the Channel Islands Financial Ombudsman scheme.
• Recommendation: The Commission recommends checking a company's regulatory status before investing and reminds residents to deal only with properly licensed businesses.

The notice is informational and does not create ongoing compliance obligations for licensed businesses; it serves to alert consumers and the public to the unregulated status of this specific entity.