Government of Saskatchewan ministries, Crown corporations and organizations are working to minimize the impacts of the postal service disruption.

Les ministères, les sociétés d’État et les organismes du gouvernement de la Saskatchewan travaillent à réduire au minimum les répercussions de l’interruption des services postaux.

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A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

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Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

CEASE TRADE ORDER ISSUED

Released on February 23, 2012

Saskatchewan Financial Services Commission (SFSC) issued a Cease Trade Order on February 22, 2012, against UFX Bank, Mike Lane and Amy Walsh.

SFSC has information that UFX Bank and the individuals named, through their website www.ufxbank.com, have defrauded a Saskatchewan resident of approximately $27,000. UFX Bank appears to be UK-based, but authorities in Belgium and Cypress have also issued similar sanctions.

"Individuals should exercise extreme caution when dealing with off-shore companies online," Deputy Director of Enforcement for the Securities Division Ed Rodonets said.

The order directs UFX Bank, Mike Lane and Amy Walsh to cease trading, acquiring and advising in securities and exchange contracts and removes their ability to use any exemptions in Saskatchewan.

Anyone contacted by any representative of UFX Bank should contact SFSC's Securities Division at 306-787-5645.

For more information on the SFSC and their regulatory responsibilities, please visit www.sfsc.gov.sk.ca.

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For more information, contact:

Jennifer Anderson
Saskatchewan Financial Services Commission
Regina
Phone: 306-798-4160
Email: jennifer.anderson2@gov.sk.ca

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