X Investment Products Limited (the unauthorised entity) (2025-09-04)

Summary

This is a public warning notice issued by the Jersey Financial Services Commission (JFSC) alerting the public that X Investment Products Limited (the unauthorised entity) is not licensed or registered to conduct financial services business or Schedule 2 business in Jersey. The JFSC states the entity has falsely claimed Jersey incorporation and regulated status, and has invented two purported Jersey structures to facilitate investments.

• False Jersey incorporation claim: The entity claims to be incorporated in Jersey; the JFSC confirms it has never been incorporated there.
• False regulatory status claim: The entity claims to conduct regulated or supervised activities in Jersey; it has never been registered or applied for registration under the FS(J)L or Supervisory Bodies Law.
• Breach of law: Any financial service business or Schedule 2 business carried on by the entity is in breach of Article 7 of the FS(J)L and Article 10 of the Supervisory Bodies Law.
• Fictitious Jersey fund and SPV: The entity purports to manage X Investment Products Tactical Credit Opportunities Fund Ltd and to use SPV SR 71 (Jersey) Ltd as a Jersey special purpose vehicle; neither is incorporated in Jersey and both, along with the entity, display warning signs of fraud.

The notice asks anyone who has dealt with the unauthorised entity to contact the JFSC's Enforcement team, and directs the public to the JFSC's online registers to verify a company's regulated status or registration details. The statement is purely informational and does not impose ongoing compliance obligations on regulated firms.

Applies to

members of the public, persons who have dealt with the unauthorised entity