Address
Suite 2
Chevin Mill
Leeds Road
Otley
West Yorkshire
LS21 1BT
L S 2 1 1 B T
UNITED KINGDOM
Jackson King & Company Limited
Current Status: No longer authorised
Reference Number: 177000
Website: Not Listed
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000MfGxsAAF
A firm with the status of "No longer authorised" may have had its authorisation removed for a variety 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 is important to consult the FCA register or contact the FCA directly to find out more about the exact status and reasons for any changes.
Causes of non-compliance can include inadequate systems and controls, poor governance, insufficient staff training, misleading or inaccurate disclosures, conflicts of interest, breaches of conduct rules, inadequate client protections, financial crime, data protection breaches, and inadequate capital or liquidity. To reduce the risk of non-compliance, firms should ensure they have the necessary processes and procedures in place, provide comprehensive training and support to their staff, and conduct regular reviews of their compliance and risk management systems.
The UK financial services industry has faced numerous issues relating to financial mis-selling in the past, with notable cases involving Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), Endowment mortgages and Pension mis-selling. These issues have resulted in billions of pounds in compensation paid out to affected consumers and businesses. In response, the Financial Conduct Authority (FCA) has taken action to protect consumers from mis-selling, including enforcement measures, redress schemes and new regulations. Despite this, the risk of mis-selling remains a concern that requires close monitoring and vigilance from both regulators and the industry.
If you believe you have been mis-sold a financial product or service, it's important to contact the firm responsible and, if needed, the FOS or FSCS promptly to find out more about the process for claiming compensation.