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Forum Asset Management Limited

29 Nov 05

The FSC has become aware of an encrypted website operated by the above entity at www.hedgefund.no. Its domain registration details, including its address and telephone numbers, indicate that it may have a presence in Norway.

A page within the website includes a claim that Forum Asset Management Limited is regulated by the Financial Services Commission in Gibraltar.

This statement is false and we would like to advise the public that this firm does not have the appropriate authorisation to provide any type of financial services activities in or from within Gibraltar. A company with the same name was previously authorised as an Investment Manager, before surrendering its licence on 30 January 2004. Companies House (Gibraltar) currently lists the company's status as "Liquidation pending". The Commission strongly urges persons considering dealing with this entity to exercise the greatest possible caution before proceeding.

Any persons who are already involved in any dealings with the above entity and have concerns should contact the Manager, Enforcement +350 200 40283 or by e-mail to [email protected].