Address
4.40E+12
Antonor LLP
Current Status: No longer authorised
Reference Number: 486910
Website: www.amtonor.com
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000Mg9AjAAJ
A firm that is no longer authorised may have had its authorisation removed for a number of reasons, such as voluntary cancellation, failure to meet regulatory requirements, non-compliance with rules and regulations, enforcement action, failure to pay fees, or inactivity. It's important to check the FCA register or contact the FCA directly to find out more information about the specific firm and why its authorisation has been revoked.
Such measures can help ensure that firms adhere to all applicable laws and regulations, protect clients' interests, and maintain a good reputation in the market.
The Financial Conduct Authority (FCA) has taken steps to address mis-selling in the UK financial services industry, such as enforcement actions and compensation schemes. Notable examples of mis-selling include Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), endowment mortgages, and pension mis-selling, which have collectively cost consumers and businesses billions of pounds in compensation. Despite these efforts, the risk of mis-selling remains an ongoing concern that requires vigilance from both regulators and the industry. To protect consumers from mis-selling and promote fair treatment, the FCA has implemented new regulations to improve disclosure and transparency. It is clear that continued oversight and robust regulatory frameworks are essential for preventing mis-selling in the UK.
Consumers who believe they have been mis-sold a financial product or service in the UK may be eligible to claim compensation. The process typically involves contacting the firm that sold the product or service and filing a formal complaint. If the complaint is rejected or the consumer is not satisfied with the response, they may escalate the issue to the Financial Ombudsman Service, an independent body that resolves disputes between consumers and financial services providers. In cases where the firm responsible for the mis-selling is no longer in business or has been declared in default, consumers can file a claim with the Financial Services Compensation Scheme. It's important to act promptly and seek independent financial or legal advice when necessary.