SBF or Sterling Bond Fund (the scam entity) (2026-07-09)

Summary

This is a public statement issued by the Jersey Financial Services Commission (JFSC) warning the public about an unauthorised entity trading as SBF or Sterling Bond Fund. The entity has never been registered under the Financial Services (Jersey) Law 1998 or the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008, yet is falsely claiming to operate from a Jersey address and to be regulated by the Financial Conduct Authority.

• Nature of scam: The entity falsely claims to trade from Forum House, Grenville Street, St Helier, Jersey, and to carry on investment business and Schedule 2 business (trading in CFDs and foreign exchange).
• Legal status: The entity has never applied for or been granted registration; any such business it conducts contravenes Article 7 of the FS(J)L and Article 10 of the Supervisory Bodies Law.
• Warning signs: JFSC Enforcement notes the entity, its email addresses and correspondence show signs of being set up for fraudulent purposes, including a false claim of FCA regulation.
• Public guidance: The public is advised to verify any Jersey firm's regulated status via the JFSC's Regulated Entities and Registry pages, and to check non-Jersey firms via their home regulator's website.

This notice is purely informational and protective in nature; it does not impose ongoing compliance obligations on regulated businesses, but anyone who has dealt with the scam entity is asked to contact JFSC Enforcement or use the confidential whistleblowing line.