Financial Conduct Authority - London

Steve R.

I've witnessed the epitome of regulatory overreach with the FCA. Their recent actions, particularly the libelous statements against Binance and the utter smear campaign on tokens like Retardio, are not just disappointing—they are a stark betrayal of trust. It's clear this isn't about protecting consumers; it's about manipulating market conditions to suit their narrative or perhaps their own secretive agendas.

Once, I looked up to the FCA as the guardian of financial integrity, but now, they've shown their true colors. They've used their authority not to safeguard but to sabotage. Binance, a platform that has revolutionized how we trade and invest, was unfairly targeted with false claims, causing unnecessary panic and loss among investors. And what about Retardio? A token that is bringing cultural innovation was instead crucified by baseless accusations.

The FCA seems more interested in power than in justice, more focused on control than on fostering a healthy market environment. Their actions have directly impacted my investments. The lack of transparency, the refusal to acknowledge the potential of cryptocurrencies, and the sheer audacity to manipulate market dynamics through libelous maneuvers is beyond reprehensible.

One star, not because I believe in stars but because I must use this platform to warn others. The FCA has lost its way, and with it, my respect.

Lewis

Another pointless institute that does absolutely nothing 👍🏻 one of the UKs finest. They can’t do anything, literally. You call them to report a corrupt lifeless company and they do absolutely nothing. Absolutely pointless institute of authority. They probably make millions of pounds each year to stay quiet or for some accreditation cert they offer financial companies

Stefan S.

Go and fine more unfair insurance companies do not authorised scammers like those cheap insurance companies which do not provide even basic authority requirements (lack of transparency deliberately cousing difficult to obtain customers rights cheat old people and drain theirs pockets. Do not authorised this organisation and fine them badly.

Dipti F.

These organisations are not changing the fact that Zurich Pension Funds have impoverished people by taking huge charges out of pension funds. THIS DEPARTMENT IS NOT WORKING as has been shown by scandal after scandal. People who have put their money in these are on benefits and taxpayers pay them while Insurance companies and bankers pay themselves huge bonuses through extortionate management charges while the pension fund loses money. A building society with the worst interest rates gives a higher return. I was advised to put my money in 'safe' funds such as gilts and fixed interest deposits. When I stopped paying into it when I had a company pension scheme, instead of freezing the assets Zurich managers paid themselves extortionate amounts in management charges. I was told to switch to one of their other extortionately charging pension funds, when I complained. They should have frozen the fund and paid me a reasonable sum of interest. The government did not allow people to withdraw funds. When I complained to the ombudsman (all bank employees), they said I should have complained within seven years. This is ridiculous, this is equivalent to a criminal activity like stealing or fraud for which there is no time limit.

Trevor G.

The FCA have let me and over 11,500 other people down .
They were said to regulate LCF and ignored repeated warnings that the afore mentioned company were misselling and misleading investors . Potential loss of £246 million pounds. Absolute disgrace .

S A.

Phoned them for a straight forward , company specific question to which the FCA has the answer. Got passed around 3 people,. The 3rd lady , asked me to help her by asking me the question I asked her & then telling me she was not psychic. I had to put the phone down ..

P B.

Never contact you ...
"Don't consider individual cases " and don't seem to liase with The Ombudsman who are a bunch of unqualified amateurs anyway...
Don't react until it is too late..then too little.
How do we get stuff like PPI that is not snuffed out at origin.
Name change from FSA is cosmetic! !

terry C.

This place is not fit for purpose. Andrew Bailey is a joke. While on his watch, even 5hough they were advised as early as 2015 they failed to act and a company with FCA accreditation goes into liquidation leaving 11,500 investors losing their money.