International Consulting Services (2009-10-07)

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 investors and the public about International Consulting Services, an entity operating via the website www.intconserv.com.

• Unauthorised activity: International Consulting Services has never been registered or applied for registration under the Financial Services Law, yet it holds out that it carries on financial service business in Jersey.
• False address claim: The entity falsely purports to trade from an address on Commercial Street, St. Helier, Jersey.
• Breach of law: Any financial service business it has carried out since 1 July 1999 is in breach of Article 7 of the Financial Services Law.
• Fraud warning: Documentation held by the Commission suggests the entity displays warning signs of being set up for a fraudulent purpose.

The Commission asks anyone who has had dealings with International Consulting Services to contact it. This is a warning notice and does not create ongoing compliance obligations for regulated firms.