Warning: unauthorised CashFX targets islanders (2021-02-08)

Summary

This is a public warning statement issued by the Jersey Financial Services Commission alerting Islanders that a business called CashFX may be targeting Jersey residents while offering financial services or products without holding the required licence. The JFSC notes that other regulators, including the UK Financial Conduct Authority, have issued similar alerts about CashFX.

• Concern raised: CashFX may be conducting financial services business in Jersey without authorisation.
• Reminder to public: Firms conducting financial services business in Jersey should be authorised by the JFSC; a list of registered businesses is available on the JFSC website.
• Action requested: Anyone contacted by or with information about CashFX is asked to email info@jerseyfsc.org or call the JFSC Enforcement team.