City Trust Bank

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.

City Trust Bank

http://citytrust.eb-k.com/

The Commission has recently become aware of the above website, which claims to represent the above entity.

The website contains information claiming that the address for the above entity is in the Isle of Man at 1st Floor, Ragnall House, 18 Peel Road, Douglas, Isle of Man, IM1 4LZ. Research by the Commission has established that there is such an address but can confirm categorically that the above entity has no association whatsoever with that address or its genuine residents.

The above entity is not a company incorporated within the jurisdiction of the Isle of Man. It is not registered as a foreign company having established a place of business on the Isle of Man. It is not registered as a business name on the Isle of Man.

The above entity is not licensed by us to undertake Banking or any other regulated activity, including in, on or from the Isle of Man.

Extensive enquiries carried out by the Commission have established that the above entity has no genuine association with, the aforementioned address.

The aforementioned address is in reality occupied by the genuine City Trust Limited.

The genuine City Trust Limited is regulated by the Commission and holds licences to undertake the following types of business:

Corporate Service Provider (Category 1)
Trust Service Provider (Category 1)

A list of all institutions licensed by the Commission is available on our website at www.fsc.gov.im.

The above named City Trust Bank does not have any association or connection with the aforementioned genuine City Trust Limited.

City Trust Bank is not a company incorporated within the jurisdiction of the Isle of Man. It is not registered as a foreign company having established a place of business on the Isle of Man. It is not registered as business name on the Isle of Man.

The Commission has established no association between the above City Trust Bank and any genuine Isle of Man company.

The Commission has established no genuine links between the above City Trust Bank and the Isle of Man.

Under the circumstances, the Commission would strongly urge persons considering dealing with the aforementioned City Trust Bank 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 aforementioned City Trust Bank 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 aforementioned City Trust Bank should consider contacting their local Police Fraud Unit without delay.

For the complete avoidance of doubt the sole subject of this Public Warning is the aforementioned City Trust Bank and the website http://citytrust.eb-k.com/

This Public Warning does not relate to the genuine Isle of Man incorporated company City Trust Limited.

Any persons who may have any concerns as to whether or not they are dealing with the genuine City Trust Limited may wish to satisfy themselves by contacting the genuine City Trust Limited. Contact details for the genuine City Trust Limited are available on the City Trust Limited website at www.city-trust.com.

FSC Reference: CD/04/2006