Jersey Regulator Warns On Unregulated Investments
29 Jun 2016

Jersey’s financial services regulator, the Jersey Financial Services Commission, has warned the public to be wary of unregulated investment opportunities.

The Commission said: “In the current prolonged low-interest rate environment, consumers with money to invest can be tempted by products which appear to offer a high rate of return … Sometimes those products are described as ‘investments’, but the use of that word is not controlled by the Commission, and so its appearance in marketing material is no guarantee that there is regulatory oversight of their sale by the Commission.”

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