International Mergers & Acquisitions LLP (2016-04-21)

Summary

This is a public statement issued by the Jersey Financial Services Commission under Article 25(d) of the Financial Services (Jersey) Law 1998 to warn investors about International Mergers & Acquisitions LLP (IMA LLP), an entity operating the website www.international-mergers.com that is not authorised to conduct financial service business in Jersey.

• Unauthorised activity: IMA LLP has never been registered under the FS(J)L and is offering investment advice to Jersey residents via unsolicited telephone calls, in breach of Article 7 of the FS(J)L since 1 July 1999.
• Fraud warning: Documentation held by the Commission suggests IMA LLP and its website display warning signs of being set up for a fraudulent purpose.
• Call to action: Anyone who has had dealings with IMA LLP is asked to contact the Commission's Enforcement Division.

The statement is purely a warning notice and does not create ongoing regulatory obligations for licensed firms; it advises the public and industry to avoid dealing with this unauthorised provider and to check the Commission's register of regulated businesses.

Applies to

unauthorised financial services providers, investors and members of the public