Hudson Knight (2016-05-04)

Summary

This is a public statement issued by the Jersey Financial Services Commission (JFSC) under Article 25(d) of the Financial Services (Jersey) Law 1998, warning the public about an unauthorised entity called Hudson Knight. It is a warning notice, not a rule or requirement imposed on regulated firms.

• Unauthorised status: Hudson Knight has never been registered or applied for registration under the Financial Services Law, and any financial service business it has carried out since 1 July 1999 breaches Article 7 of that Law.
• False address claim: Hudson Knight falsely purports to trade from Kensington Chambers, 46-50 Kensington Place, St Helier, Jersey, and is not connected to Grant Thornton Limited, which trades from a similarly named address.
• Fraud warning signs: Based on documentation held by the Commission, Hudson Knight displays warning signs consistent with being set up for a fraudulent purpose.
• Public request: Anyone who has had dealings with Hudson Knight is asked to contact the Commission's Enforcement Division.

The statement does not create ongoing regulatory obligations for licensed financial service providers; it serves solely to alert investors and the public to avoid dealing with this unauthorised entity.