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Leisure World (Holdings) Limited

Current Status: No longer authorised

Reference Number: 306633

Website: Not Listed

Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000MfV8gAAF


Hampshire & Dorset Caravan Centre
London Road
P O 7 5 A E


0/5 (0 Reviews)

A firm that has had its authorisation revoked and is now listed with the status "No longer authorised" could be 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 get more information about the specific firm, one should check the FCA register or contact the FCA directly.

Possible 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. It is essential for firms to ensure compliance with applicable rules and regulations to protect their clients, shareholders, and the public.

The Financial Conduct Authority (FCA) has taken various measures to address financial mis-selling in the UK, including enforcement actions, compensation schemes, and regulations that are designed to improve disclosure and transparency. Examples of mis-selling cases include Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), Endowment mortgages, and Pension mis-selling, with banks paying out billions of pounds in redress. Despite these efforts, the risk of mis-selling remains a concern, and ongoing vigilance is essential to protect consumers and promote fair treatment in the financial services sector.

Those who believe they have been mis-sold a financial product or service should contact the firm responsible and follow the steps outlined above to seek compensation.

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