Address
Charterhouse II
Links Business Park
Fortran Road
St Mellons
Cardiff
CF3 0LT
C F 3 0 L T
UNITED KINGDOM
Juno Moneta Wealth Ltd
Current Status: No longer registered as an Appointed Representative
Reference Number: 669519
Website: Not Listed
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000j4ejtAAA
A firm with the status "No longer authorised" may have had its authorisation removed for any of the following reasons: voluntary cancellation, failure to meet regulatory requirements, non-compliance with rules and regulations, enforcement action, failure to pay fees, or inactivity. To find out more, it is necessary to consult the FCA register or contact the FCA directly.
Reasons for 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. Companies must ensure that they have the necessary systems and procedures in place to identify and manage compliance risks, and take appropriate action to prevent any violations.
The mis-selling of financial products and services has been a major problem in the UK financial sector in the past, with a number of high-profile cases involving a wide range of products. These have included Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), Endowment mortgages and Pension mis-selling. The resulting compensation to affected customers has amounted to billions of pounds. The Financial Conduct Authority (FCA) has taken various measures to tackle this issue, including enforcement actions, compensation schemes, and the introduction of regulations to improve consumer disclosure and transparency. Despite these efforts, the risk of mis-selling remains a concern, and the FCA needs to continue its vigilance to ensure fair treatment of consumers in the financial services sector.
If you believe you have been mis-sold a financial product or service, it's important to take action as soon as possible. Contact the firm responsible for the mis-selling and file a formal complaint, then escalate the issue to the Financial Ombudsman Service if necessary. If the firm is no longer in business, you may be able to file a claim with the Financial Services Compensation Scheme. Be sure to seek out independent financial or legal advice before submitting a claim, and act promptly as there may be time limits for filing.