Vantage Underwriting (the Scam Entity) (2021-03-19)

Summary

This is a public warning notice issued by the Jersey Financial Services Commission (JFSC) identifying Vantage Underwriting as an unauthorised entity falsely posing as a Jersey investment business. It is issued under Article 25(d) of the Financial Services (Jersey) Law 1998 to alert the public and has no ongoing regulatory or compliance obligations attached to it.

• Scam entity: Vantage Underwriting, operating via www.vantage-underwriting.com and info@vantage-underwriting.com, is not authorised under the FS(J)L to conduct investment business.
• False association: The scam entity falsely purports to trade from a former address of the genuine, JFSC-authorised firm Vantage Limited and has no connection to Vantage Limited or the Vantage Group.
• Legal basis: Any investment business carried out by the scam entity, as defined in Article 2 of the FS(J)L, is in breach of Article 7 of the FS(J)L.
• Public action requested: Anyone who has dealt with the scam entity is asked to contact the JFSC; the public is reminded that all genuinely regulated businesses are listed on the JFSC website.

The notice is purely informational and warns against dealing with the named unauthorised entity; it imposes no continuing obligations on regulated firms beyond the general expectation not to deal with or facilitate unauthorised entities.

Applies to

members of the public, unauthorised financial service providers