Bell International Asset Management - 1st Market-Link

The Swedish Finansinspektionen has warned that Bell International Asset Management is providing investment services without the required authorization, including by reference to an alleged authorization granted by an inexistent authority: the Foreign Exchange Commission of New Mexico.

It further warned that 1st Market-Link, in liquidation since 3 February 2004, is offering financial and insurance products via the internet referring to an authorization that is no longer valid.

(In Consob Informa n. 17/2005 - 26 April 2005)