Entities That May Be Conducting Banking Operations Without Authorization
The Central Bank of Belize has issued the attached warning
circular about an entity that claims to be headquartered in
Belize. The circular also provides information about affiliates
of this entity. The Central Bank states that no such entity has
been registered or licensed to conduct banking business in
Belize. Any proposed transactions involving the entity or its
affiliates should be viewed with extreme caution.
Please provide any information about these entities, or any of
their principals, representatives or associates, to the Senior
Manager, Financial Sector Supervision Department, Central Bank of
Belize, P.O. Box 852, Belize City, Belize. This information, as
well as information on any unauthorized entities, also should be
forwarded to the FDIC's Special Activities Section, 550 17th
Street, N.W., Room F-612, Washington, D.C. 20429.
Nicholas J. Ketcha Jr.
Attachment: Central Bank of Belize -- Warning Circular #1/1997
Distribution: FDIC-Supervised Banks (Commercial and Savings)
Note: Paper copies of FDIC financial institution letters may be
obtained through the FDIC's Public Information Center, 801 17th
Street, N.W., Room 100, Washington, D.C. 20434 ((703) 562-2200 or
CENTRAL BANK OF
WARNING CIRCULAR #1/1997
The Central Bank of Belize has been informed of an entity titled
"CHANNEL PRIVATE BANKERS LIMITED" with a branch office at the World
Trade Center, Leutschenbachstrasse 95, CH-8050 Zuerich in Switzerland,
which claims to be headquartered in Belize.
Please be advised that no such entity has been registered or licensed
in Belize and that any activity purported to be carried on by such
entity and/or any of its affiliates may be fraudulent.
Affiliates of this "bank" are reported to be as follows: