LONDON, Feb. 25, 2015 /CNW/ - At the end of last year we learned from the media that there could be judicial investigations relating to our company, thereafter, the Gems Group approached the relevant authorities offering full cooperation and transparency.
The Gems Group has a long and successful history within the financial services industry. Funds under management comply fully with all relevant financial regulations in each jurisdiction, and the Gems Group is subject to the scrutiny of the financial services authorities in member states within the European Union and elsewhere. In the UK, Gems Advisors is fully regulated by the Financial Conduct Authority.
The Funds' investors have in the past and are now, predominantly institutional; internationally renowned banks, insurance companies and pension funds and are all subject to KYC norms. The Gems Group retains the services of the world's leading auditors, administrators and custodians to ensure that all its businesses are fully compliant.
SOURCE The Gems Group