FCA Reviews 

Ich schließe mich der oberen Warnung an! Mir ist Gott sei Dank nicht passiert. Ich googelte nach einem seh schrägen Anruf, indem es eben um das abgreifen von persönlichen daten ging (wollten Passfoto oder Angaben einer alten Rechnung). Es wurde FCA dabei genannt. Ein "Robert Stein". Ich sollte nach dem Anruf eine mail erhalten. Als ich sagte, ich würde bei der Polizei nachfragen , bevor ich etwas mache, kam nichts mehr...ausser komische, nur kryptische Spammails. Ich denke auch , daß da nur Betrug im Spiel ist.

Very hard for the average working man or women to get there heads round all the jargon they use in there correspondence on the phone and online.

Also they expect you to be be sitting in front of a computer every time they call you and god help you if you do not get a security question correct first time because you will be spending all evening sending in passport and income tax return showing your NI number etc etc before they will speak to you.

So what I am saying is if you are not a Oxford financial wizard and not sitting in front of a PC all day be prepared for a bumpy ride.

Kevin Francks

A complete waste of time and not fit for purpose. Many of the staff are ignorant and fail to address problems in the industry, in fact they protect bad practice. When they are not on strike they waste time, space and money. Should be shut down.

I am actually in shock as to how bad their customer service is. I had a call schdeuled for 9 am this morning. I waited 10 minutes and then decided to call them myself. I spoke an individual called Muyiwa in the customer service department. Safe to say I have never experience such horrible customer service experience in my life. It was very evident he was trying to get me off the phone. What was worse he LYING about speaking to his team!!! He goes, they will call between 9 - 9.30 am and when I pressed him on asking his team to speak to me, he said and I quote "I can't just speak to them. I need to send them an email and then they will call you back" When 5 minute ago he was saying, he spoke to the them and the will call me between 9 - 9.30.

We need to be FCA regulated so I am hoping someone from the team reads this and gives me a call asap because 9.36 now and still no call.

What a joke. They offer nothing but hassle for businesses and the work we have to deal with them is just a nightmare. Stupid website makes it even worse experience for everyone

Unfortunately I was referred to this Government Agency to protect my family from a rogue FCA and SRA regulated member, whom had been found guilty of Fraud by representation for a financial gain, and post hearing continued to trade and defraud. Their response in writing stated, we do not provide consumer protection for individuals. The SRA responded the same.

So I tried to report the FCA and SRA to the Minister responsible through my MP. His response was he did not have the ability or authority to intervene to help my family.

Madison, the father of liberty stated that unless regulators were overseen by those who appointed them, then our society will be ruled by and exposed to tyranny.

So who regulates the FCA to ensure it protects the citizens, whether individual or in general, as I have it in writing it is not the police or Government, or MP.

The FCA ans SRA are by theirs and Parliament decree totalitarian, if not then who polices the FCA and SRA? According to documents I have they have no accountability to us through Government. Do not protect victims of fraud, scams and abuse by FCA and SRA members. My evidence is damning that there is no Government oversight of the FCA or SRA. If there was, then the Panorama program would not have materialised.

The FCA claimed in the Panorama program to have not failed to act. They are correct, in that the Financial Services Act states that they have only objectives to acheive, not must acheive. An objective is no better than should. Therefore consumer protection is not demanded or required by Legislation, so it is not the FCA or SRA that fails us victims of organised crime, but the acts made by MP's. In that absent must acheive, then it encourages abdication or allow regulators to select when to protect us, or elect to protect those regulated. You cannot fail to protect if not compelled to protect. I have a MoU that states protecting members is the primary objective.

Sadly the Panorama program ended with victims challenging MP's to open another review. What will another review find that the two previous did not. Both found the FCA not fit for purpose, made recommendation, which also are selective not must acheive. How many reviews by MP's does it take to take positive action to protect us from rogue regulators and their members?

The CEO was rewarded for his oversight of the FCA, by becoming Governor of the bank of England go figure the value of MP's reviews.

My family were abused and defrauded by an insurance scam, orchestrated by solicitors, all three individuals were regulated by both FCA and SRA. They could do so knowing the neither had any check and balances to scrutinise their actions against a consumer. The Panorama program exposed the contempt of the FCA, whom are advised by solicitors and barristers. Shame on our MP's and Government ministers to ignore and allow this undemocratic and tyranny situation to continue.

So be warned, the reason such a poor mark, is the FCA are complicit to criminality within those regulated and can select who to protect. Shamefully both FCA and SRA openly protect their members at the expense of the consumer, hence so many victine who demanded protection have made poor truspilot reviews.

Check out how many MP's and Ministers are or have been members of the FCA and or SRA. Go figure why no oversight of the FCA and SRA is undertaken by Gov or MP's.

Thank god for trustpilot, at least us victims can warn others, prepare them for tyranny by the FCA and their partners, through a MoU, the SRA.

Wake up Parliament and Government, protect us with regulatory reform, read these reviews, take note, simply put your own security to one side, make the objectives of the FCA and SRA a must acheive consumer protection for all including individuals. Becsuse the FCA and SRA (SRA are not an approved regulator but a regulatory arm) actually state they have no duty to protect consumers.

Accountability is the best and only regulator, unencumbered accountability to those (Gov & MP's) who trusted the regulators to protect us consumers, regulates itself, and in a democratic sovereign society anything else is tyranny.

What a bunch of monkeys asleep at the wheel over the wellesley scandal. Sad you let us investors down and took the bribe.
People do not believe in the fca.

Please watch The Panorama program by the BBC on the 16th August 2022.
A damming report of this useless organisation.
I wonder if they are ‘in with the crooks’.?
Is the financial world totally corrupt?

As I now plan my long term retirement strategy which has been severely dented by a hugely under-performing Prudential TAVC, the FCA has intervened this strategy because it doesn't follow the 'norm'. It's almost a 'project fear' to force me to return to the 'norm'. But what is the norm? Returning to the norm means that I will be significantly worse off and at least one big financial institution will make additional significant amounts of money out of me. So who are the FCA REALLY looking after here? I also found it laughable that, in literature provided by Prudential, there was a warning that if I don't use an FCA regulated Financial Advisor, then I won't be able to take my case to the Financial Ombudsman Service if things go wrong. Well, if you look at my review of the FOS in which I declare that the FOS is not fit for purpose, what sort of a safeguard is that? The whole Financial Regulatory Framework is heavily biased towards the interests of the Financial Institutions. These so called 'safeguards' are not worth the paper on which they are written. So I shall be informing the FCA, thanks for the advice but I'll be making my own decisions (and mistakes) from now on. At least I'll know who to blame if things go wrong!

I contacted the FCA (for the first time, ever) having been referred to them by Citizens Advice...
They were ultimately "unable to help" as my issue related to NS&I.
What do these organisations actually DO? You need advice and just get referred elsewhere.
[They also give out of date, or incorrect, direct contact information for NS&I.]

They advised me to contact the Financial Ombudsman!
Abandon Hope All Ye Who Enter Here...

It has now been confirmed that the FCA does not provide any cover for any company dealing with cryptocurrency.
By the FCA allowing a cryptocurrency company, such as Blockchain, to even register with them is facilitating the cryptocurrency company using the FCA as a false and misleading quasi-reference which is meaningless.

The FCA is a disgrace. I am a sole trader in car leasing with 35 years in this business in total. Annually, I have to pay this lot £400 in fees, for what? Nothing. What can the FCA possibly do for me?

This week I had an email from them stating I was being fined £250 for a late 'attestation' as to my small business structure. If anyone reading this has had the misfortune to have to use their reporting systems, this will resonate. To say they are ridicuously clumbersome is being kind, often 'down', wasting my time.

I did complete the attestation on time (confirming it was me and just me in the business) but the submission got 'stuck' because of their system.

The tone of the email was appalling, talking to me like I was a complete idiot, with phrases such as 'put simply, if you continue to fail to report on time you may have your FCA status removed!' The author didn't even have the guts to include his or her name, just a signature.

Put equally simply the FCA need to look at themselves. They devise rules and regulation, the answers to which they don't even know themselves.

A total waste of space and beyond arrogant, rude and pointless.

Took a 'contractual' mortgage issue I have to FCA in the vain, perhaps simplistic, hope they could perhaps 'investigate' it on my behalf, but the reality is, I was just kidding myself.
They informed me to take it up with my lender, which I have done with no success, or I could go to the Citizens Advice Bureau for help, this is just FCA code for 'let's pass the buck on this one here'.
They informed me, ever so politely, although they make the financial 'rules' they can't 'enforce' them, they must act 'impartially', in other words, the small guy can go hang themselves.
All the FCA is good for, it would seem, is to employ vast quantities of well paid pen-pushers and paper shufflers, churning out meaningless documentation, in-depth statistical data, quantitative reports, risk management matrixes, etc, etc, that few will ever read and even less will understand, in so that, it can somehow attempt to justify its own huge, overblown, expensive, bloated extravagance.
In a nutshell, it's a complete and utter dead loss.

I was hounded by this company when my husband was seriously unwell. Despite me explaining my circumstances they continued to call up to 5 times a day and email daily too.

Zero compassion or kindness during an incredibly distressing time.
Shame on you!

Vultures is the only word to describe this company

Jeg blev ringet op af FCA at de kunne se jeg havde mistet penge i "Capital Offocus" da de lukkede. Som mange andre også havde gjort.
Men han skulle lige have bevis på jeg havde indbetalt penge til firmaet og jeg kontoen jeg hade brugt var min. Derefter ville jeg få overført, de penge der var mine af 3 gange. Første indbetaling vil være 12500 euro til min konto og derefter resten.
Fint sagde jeg det lyder godt !!!!
Men, og der kom et men !!!
Jeg skulle lige overføre 230 euro i kommission til dem før de kunne udbetale tik mig...........
NIX du får et en øre før jeg ser der er penge på min konto !!!! Jeg er ikke så dum at jeg gør det 2 gange,
For når du så skal overføre er der nogetgalt med min bank, derfor modtager jeg ikke pengene, og jeg skal indbetale igen osv.
Glem det !!!
Jeg bad om beviser på de havde adgang y
yil de penge, som jeg kunne visse min advokat, det hatr jeg ikke fået endnu....
Jeg spurte også hvordan de kunne udbetale penge til mig, når alle andre skal igenmen retsager for at få deres penge.
Svaret: Min penge var låst, derfor stod de der stadige,
Det er et fusk firma, der prøver at få penge ud af folk.
Han hedder Harry ham jeg talte med.

If you value your time and money don’t wast it to them people. Very disappointing experience . 👎 👎 👎

Tienen una serio "señores" que yaya han ido a la escuela de como estafar a la gente que creer en las buenas personas pero estos buitres carroñeros estafan durante la semana para gastarlo el fin de semanas

CUIDADO CON ESTA ENPRESA

The FCA is party to all of the very corrosive pass the buck, kick the can down the road, cover up culture of misappropriating wealth from the working class to the elite until the problem is far too big to cover up. Only then will they get involved and hand down meagre fines which are quite frankly a tiny mist of an aerosol in an absolutely massive ocean.

Quite frankly, a waste of time, yet another organisation that is funded by those who the SUPPOSEDLY 'INVESTIGATE' and 'REGULATE'

Any fool who believes that will be wasting their time, effort, resources and quite possibly even money in the false hope that these people will even listen.

The normal reaction to any layperson consumer will be to pass the buck to the equally useless FOS.

Guess what, if it's something that the FOS doesn't want to deal with they'll do exactly the same and pass the buck back to the FCA.

Where does that leave you... up a certain creek, without a paddle!

I think I make my point from personal experience, more than once!

On my experience I cannot praise the FCA enough. My query was dealt with in good time, fairly and professionally.

LSEG business “Refinitiv” describes this as their mission:
“We provide information, insights, and technology that enable customers to execute critical investing, trading and risk decisions with confidence.”

In 2020 Refinitiv issues an investment book and promotes in it two German nationals, fraudsters and scoundrels who made serious harm to a Senior disabled person stealing his pension savings, who had no moral norms and hiding from court order.

The above is called - misleading statements, breach of trust, as a foundation of the financial data in the investment market, and harm to investors misled by your publication who can potentially lose money.

The Leaders of the above financial organization - "Don Robert, Mr Schwimmer, Mr Blakemore, and Mr McCarthy" - have been informed, but never admitted wrongdoings. Publication has been hidden.

Perhaps in such cases, when the leaders turn a blind eye to incompetence of staff and potential corruption case, - the Organization would need really good investigation and a might be a totally new big management.

How long it will take to investigate and identify people involved in this case?? Whether it is a false statement or failing to perform KYC/CDD - neither is inexcusable for a Financial organisation.