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UK Vehicle Contracts Ltd

Current Status: No longer authorised

Reference Number: 308493

Website: www.ukvehiclecontracts.com

Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000MfXHmAAN


9 Sandpiper Court
Harrington Lane
E X 4 8 N S


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A firm with the status "No longer authorised" may have had its authorisation revoked for a variety of reasons, including voluntary cancellation, failing 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 to find out more about a firm's authorisation status and the reasons for any changes.

This could involve establishing dedicated compliance teams, providing suitable staff training, developing appropriate policies and procedures, and conducting regular internal reviews and audits.

The Financial Conduct Authority (FCA) has taken a number of measures to tackle financial mis-selling, such as enforcement actions, compensation schemes, and the introduction of new regulations to improve disclosure and transparency. This is in response to numerous high-profile cases of mis-selling across a range of products, such as Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), Endowment Mortgages and Pensions. Many of these have resulted in billions of pounds in compensation being paid out to affected consumers and businesses. Despite these efforts, the risk of mis-selling in the UK continues to be a significant concern, and requires ongoing vigilance from both regulators and industry players. It is crucial that robust regulatory frameworks are in place to protect consumers and ensure fair treatment in the financial services sector.

If you think you have been mis-sold a financial product or service, you should take action as soon as possible. Contact the firm responsible, and if necessary, escalate the complaint to the Financial Ombudsman Service or Financial Services Compensation Scheme. Seek independent financial or legal advice if necessary, and be aware of any applicable time limits.

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