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.
National West Bank
National West Bank International
National West Bank Private Clients International
City Fidelity Trust Bank
City Fidelity Trust Bank Private Clients International
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.
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 the above entities and any genuine Isle of Man companies.
The Commission has established no genuine links between these entities and the Isle of Man.
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 any of the above entities and have concerns should contact the Enforcement Division on +44 1624 689313 or by email to email@example.com.
Any persons who have paid funds to the above entities should consider contacting their local Police Fraud Unit without delay.
For the complete avoidance of doubt please note that there is a genuine NatWest operating from the Isle of Man as a trading name of The Royal Bank of Scotland International Limited. The Royal Bank of Scotland International Limited is licensed by the Commission to undertake banking and investment business. None of the subjects of this Notice are connected or associated in any form or manner with The Royal Bank of Scotland International Limited.
FSC Reference: JPM/1/2005