Zenith Security and Finance UK (2004-02-25)

Summary

This is a public warning statement issued by the Jersey Financial Services Commission under Article 22 of the Financial Services (Jersey) Law 1998, alerting the public that 'Zenith Security and Finance UK' is not authorised to conduct financial service business in Jersey. The entity had implied through emails that it had a presence or connection in Jersey, which the Commission states is untrue.

• Not registered: Zenith Security and Finance UK has never been registered or applied for registration under the Financial Services Law, so any financial service business it has conducted since 1 July 1999 breaches Article 6 of that Law.
• No connection to genuine Jersey business: Zenith Security and Finance UK is not connected to the genuine authorised business of Zenith Trust Company Limited and its associated entities, which are properly listed on the Commission's website.
• Public request: Any person who has had dealings with Zenith Security and Finance UK is requested to contact the Commission.

This is a purely informational enforcement warning with no continuing regulatory obligations for licensees; it is intended to protect the public and preserve the reputation of the genuine, authorised Zenith Trust Company Limited.

Applies to

unauthorised financial services providers, members of the public dealing with Zenith Security and Finance UK