Bogus Banks and Other Financial Institutions by Guernsey Financial Services Commission (GFSC)
The Guernsey Financial Services Commission (GFSC) maintains a list of bogus banks and other financial institutions to protect consumers and uphold the integrity of the financial system. This list includes entities that falsely claim to be licensed or regulated, posing serious risks to investors and the public.
Mitigate risk with our comprehensive screening solutions for your AML and sanctions compliance.
219 Entities in Bogus Banks and Other Financial Institutions by Guernsey Financial Services Commission (GFSC)
| Entity Name | Entity Type | Effective Date | Status |
|---|---|---|---|
ALLIED INVESTMENT GROUP | Company | Jan 16, 2023 | inactive |
GULF BUILDING SOCIETY | Company | Oct 29, 2024 | active |
GULF BUILDING SOCIETY | Company | Jan 16, 2023 | inactive |
UNIVERSAL TRUST FINANCE BANK | Company | Jan 16, 2023 | inactive |
UNIVERSAL TRUST FINANCE BANK | Company | Oct 29, 2024 | active |
Channel Offshore Guernsey Ltd | Company | Oct 29, 2024 | active |
Channel Offshore Guernsey Ltd | Company | Jan 16, 2023 | inactive |
Apex Fiduciary Services | Company | Oct 29, 2024 | active |
Apex Fiduciary Services | Company | Jan 16, 2023 | inactive |
FIRST CITY BANK PLC | Company | Jan 16, 2023 | inactive |
FAQs
Why is compliance with Bogus Banks and Other Financial Institutions by Guernsey Financial Services Commission (GFSC) necessary?
Complying with sanctions against Bogus Banks and Other Financial Institutions is essential for maintaining the integrity and stability of the financial system. These sanctions protect consumers and businesses from fraudulent activities and financial scams that can lead to significant losses. Bogus banks often operate without proper licenses and may deceive individuals by offering unrealistic returns on investments. By adhering to these sanctions, compliance professionals can help ensure that their organizations do not inadvertently engage with these illegitimate entities.
Which companies should comply with Bogus Banks and Other Financial Institutions by Guernsey Financial Services Commission (GFSC)?
Companies in the banking and finance sectors must comply with the Guernsey Financial Services Commission (GFSC) guidelines on bogus banks. Compliance is crucial to prevent money laundering, protect consumer interests, and maintain the integrity of the financial system. By adhering to these guidelines, firms can avoid legal penalties and enhance their reputation.
APIs
Data License
Solutions
Pricing
All rights reserved | Terms of use Copyright ©2025 Trademo Technologies Inc.