Link Finance & Trust Limited ("LFTL") (2004-01-02)

Summary

This is a public warning notice from the Jersey Financial Services Commission (JFSC) about Link Finance & Trust Limited (LFTL), an entity that is not authorised to conduct financial services or collective investment fund business in Jersey. It updates an earlier statement from 26 November 2003 to note that LFTL has posted content at a new website address in addition to its original one.

• Unauthorised status: LFTL has never been registered or applied for registration under the Financial Services (Jersey) Law 1998, and any financial service business it has carried out since 1 July 1999 breaches Article 6 of that Law.
• Fund business breach: LFTL has never held or applied for a licence under the Collective Investment Funds (Jersey) Law 1988, and any collective investment fund business it has carried out since 1 June 1989 breaches Article 4 of that Law.
• No connection to authorised firm: LFTL is not connected to Link Insurance Services Limited, an authorised investment business in Jersey.
• Public request: The Commission asks anyone who has had dealings with LFTL to contact the Commission.

This is a purely informational enforcement/warning notice and does not impose ongoing compliance obligations on regulated entities; it is directed at investors and the public to avoid dealing with LFTL.

Applies to

unauthorised financial services providers, members of the public/investors dealing with LFTL