First European Asian Finance Bank / www.feaf-online.com

Asian European Finance

First European Asian Finance Bank

First European Asian Finance Bank and Securities

Apex Continental Bank PLC (see also separate FSC Public Warning)

The Commission has recently become aware of the above website which includes references to and claims to represent the above entities.

The website implies that the above entities have some presence in or connection with the Isle of Man. This is not the case.

None of the above entities is a company incorporated within the jurisdiction of the Isle of Man. They are not registered as foreign companies having established a place of business on the Isle of Man. They are not registered as business names on the Isle of Man.

None of the above entities are, nor ever have been, licensed by the Financial Supervision Commission to undertake Banking, Investment or Corporate Service Provider business in or from the Island.

A list of all institutions licensed by the Commission is available.

The Commission has established no association between these entities and any genuine Isle of Man companies.

The Commission has established no genuine links between these entities and the Isle of Man.

The above website bears a close resemblance with that at www.acbplc.com which claims to represent (inter alia) Apex Continental Bank PLC. The Commission has issued a separate Public warning in relation to Apex Continental Bank PLC.

Under the circumstances, the Commission would strongly urge persons considering dealing with these entities to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice.

Any persons who are already involved in any dealings with the above entities and have concerns should contact the Enforcement Division on +44 1624 689313 or by email to fsc@gov.im.

Any persons who have paid funds to these entities should consider contacting their local Police Fraud Unit without delay.

FSC Reference: JPM/41/2004