SoHo Services Limited (2011-10-14)

Summary

This is a public statement issued by the Jersey Financial Services Commission (JFSC) under Article 25 of the Financial Services (Jersey) Law 1998 concerning SoHo Services Limited (SoHo), a Jersey-based entity.

• Finding: SoHo was not registered under the FS(J)L to conduct financial service business.
• Contravention: Following a 2011 investigation, the Commission concluded SoHo had been providing trust company business in contravention of Article 7 of the FS(J)L, which requires registration for such business.
• Status: SoHo is in the process of being dissolved.

The statement is purely informational, publicly naming an unregistered entity found to have carried on unauthorised trust company business; it does not impose ongoing obligations on regulated firms.