Day: May 25, 2023

ESMA highlights risks arising from investment firms providing unregulated products and services

The European Securities and Markets Authority (ESMA, the EU’s financial markets and securities regulator, today issued a public statement to warn investors of risks that arise when investment firms offer both regulated and unregulated products and/or services. Retail investors often rely solely on the reputation of an investment firm which makes them susceptible to overlooking …

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XIP CAPITAL GROUPS

Unauthorised firm details Name: XIP CAPITAL GROUPS Address: Sir Georges Road, Southampton, UNITED KINGDOM, SO15 3AU Admirals Court Drive, Greenhithe, Auckland, NEW ZEALAND Email: [email protected], [email protected] Website: www.xipcapitalgroups.com, www.xipcapitalsgroup.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also …

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Lenders to pay out up to £47m in redress to borrowers in difficulty

The FCA has worked with almost 100 lenders on how they treat borrowers in financial difficulty and has sought significant improvements from many of them. Issues identified included not adequately tailoring support to individual circumstances, failing to respond appropriately to customers with characteristics of vulnerability, and not effectively engaging with customers about money guidance and …

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