'Warning – Templar Vintners Ltd
22 January 2010
It has been brought to the Commission’s attention that the above-named entity is operating a web site with an address of www.templarvintners.com. The web site includes downloads of articles purporting to have appeared in well known publications. One such article includes an advertisement for The Templar Vintners Fine Wine Fund in which it claims to be authorised by the Commission as a Class B Collective Investment Scheme under the Protection of Investors (Bailiwick of Guernsey) Law, 1987.
The purpose of this notice is to warn potential investors that the company is not licensed, authorised or in any way regulated by the Commission for the conduct of any financial services business in or from within the Bailiwick of Guernsey.
Investors are urged to always check the regulatory status of a company before entering into any contract.
If you require further guidance please contact the Commission’s Intelligence Team on (+44 1481 712706).'
(a) dishonestly makes a false representation, and
(b) intends, by making the representation—
(i) to make a gain for himself or another, or
(ii) to cause loss to another or to expose another to a risk of loss.
(a) it is untrue or misleading, and
(b) the person making it knows that it is, or might be, untrue or misleading.
(b) any other person.
See earlier posting about Templar Vintners Ltd here, including comment from Andrew Griffiths, a director of Templar Vintners Ltd.