Inlandic Bank / www.inlandic.com
This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 22 of the Financial Supervision Act 1988.
Regent Bank PLC
InlaREGENT BANK PLCce (sic)
InlaREGENT BANK PLC Trust Bank (sic)
InlaREGENT BANK PLC (sic)
InlREGENT BANK PLCsp (sic)
InlREGENT BANK PLC (sic)
InlREGENT BANK PLChrough (sic)
Inlandic Bank Isles of Man (sic)
Inlandic Bank i-bank Inlandic bank Bank (sic)
The Commission has recently become aware of the above website which includes references to and claims to represent the above entities.
The website infers that the above entities are based in or have links to the Isle of Man.
None of the above entities are companies incorporated within the jurisdiction of the Isle of Man.
None are registered as foreign companies having established a place of business on the Isle of Man.
None are registered as business names on the Isle of Man.
None of the above entities are licensed by the Financial Supervision Commission to undertake banking business or any other regulated activity.
A list of all institutions licensed by the Commission is available.
The website claims that the above entities have a head office address of “Howstrake, Groudle Road, Onchan IM3 2LR Isle of Man”. Research by the Commission has identified no genuine link between the above entity and this address. This address is the same as that noted in the Commission Public Notice issued on 18 June 2004 in respect of Capital Express Bank.
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 Commission notes that the above website bears a number of similarities, in particular regarding the alleged officers listed, namely, Messrs William Stephens, Fred Douglas, Edwin Arditon and Patrick Piers Toilet, to those highlighted in the Commission Public Notices issued on 31 July 2003 in respect of Atlantic Trust Bank,
Under the circumstances, the Commission would strongly urge persons considering dealing with the above 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 [email protected].
Any persons who have paid funds to the above entities should contact their local Police Fraud Unit without delay.
FSC Reference: JPM/32/2004