Lomax & Partner Services Limited
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.
Lomax & Partner Sevices Limited (sic)
The Commission has recently become aware of the above entity which falsely claims to provide CSP services from a purported address of Empire House, Palace Road, Douglas, Isle of Man IM2 4LD.
Enquiries carried out by the Commission have not established any genuine connection between the above entity and the above address.
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 business name on the Isle of Man.
For the protection of the public, Fiduciaries undertaking Corporate Service Provider and Trust Service Provider activities in or from the Isle of Man are required, by law, to be licensed by the Commission.
The above entity is not licensed by the Commission to undertake Fiduciary or any other regulated activities in, on or from the Isle of Man.
A list of all institutions licensed by the Commission is available on our website.
The Commission has established no genuine links between the above entity and the Isle of Man.
Information and documents obtained by the Commission suggest that the above entity has falsely represented to parties outside the Isle of Man that it is able to administer and provide Corporate Service Provider facilities in relation to Isle of Man incorporated companies. Investigations carried out by the Commission have identified that in at least one case a non resident individual has been misled into believing that the above entity was performing the administration of an Isle of Man Company on behalf of the individual. Investigations by the Commission have identified that:
1) The relevant Isle of Man Company, purportedly being administered, was, in fact, struck off the companies register some years ago having failed to comply with its statutory filing obligations
2) The genuine occupants of the Isle of Man address which the above entity had described to the individual as the Registered Office of the Isle of Man Company had no knowledge whatsoever of either the above entity or of the relevant Isle of Man Company.
3) The purported officers that the above entity claimed to have appointed to the Isle of Man company were either completely bogus or, where the names were those of genuine Isle of Man residents, the persons named were not familiar with the above entity or of the relevant Isle of Man company. None had had been contacted by the above entity or had consented to act as an officer of the relevant Isle of Man company.
4) Purported “official” documents copied to the individual by the above entity, including a Certificate of Good Standing purportedly issued by the Commission’s Companies Registry, were bogus and not genuinely issued by any “official” body. Furthermore their contents, upon examination, were found to be false.
Under the circumstances, the Commission would strongly urge persons considering dealing with the above entity 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 entity and who have concerns should contact the Enforcement Division on +44 1624 689313 or by email to [email protected].
FSC Reference: JPM/46/2006