South West 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.
South West Bank
The Commission has recently become aware of correspondence purporting to have been sent by the above entity, which claims, within the correspondence, to have an address of St James House, Market Street, Douglas IM1 2PQ Isle of Man.
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 occupants.
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 the Commission to undertake Banking or any other regulated activity in, on or from the Isle of Man.
The correspondence seen by the Commission gives contact numbers for the above entity of U.K.:44 20 8114 9297 and U.K: 44 20 8114 9273. These numbers do not relate to telephone/fax lines on the Isle of Man.
A list of all institutions licensed by the Commission is available on our website at www.fsc.gov.im.
The Commission has established no genuine links between the above entity and the Isle of Man.
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 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 entity should consider contacting their local Police Fraud Unit without delay.
FSC Reference: JPM/01/2007