FCA: Statement on Blackmore Bonds complaints
06 Feb 2025
United Kingdom
1 min read
FCA has written to people who complained about the way it handled the Blackmore Bonds case. FCA notes that it ever had any supervisory oversight of Blackmore, handled intelligence received about the firm appropriately and found previously that the financial promotions were largely accurate and contained relevant risk warnings. However, it will make a payment of between £150 and £250 to each complainant in recognition of how long it took to respond to the complaints.