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Your Money Rights Ltd - CMC authorisation cancelled by MOJ

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  • Your Money Rights Ltd - CMC authorisation cancelled by MOJ

    As a result of an investigation the Claims Management Regulator has cancelled Your Money Rights Limiteds authorisation to provide claims management services under the Compensation Act 2006 with effect from 4 May 2017.

    Your Money Rights Limited was found in breach of the following Conduct of Authorised Persons Rules 2014:

    General Rule 1 - A business shall conduct itself with honesty and integrity.

    General Rule 11 - A business shall comply with the monitoring and enforcement arrangements of the Regulator.

    General Rule 16 - A business shall provide to the Regulator the following information:
    a) notification within 20 working days of any changes to the information provided in the authorisation process or subsequently.
    b) any additional information that the Regulator determines it is reasonable for the business to provide within timescales provided for in the request.
    The information provided must not be false or misleading.

    General Rule 5 - A business shall observe all laws and regulations relevant to its business.

    Client Specific Rule 1 A business shall
    a) Act fairly and reasonably in dealings with all clients.
    c) Ensure that all information given to the client is clear, transparent, fair and not misleading

    Client Specific Rule 3 A business must not engage in high pressure selling.

    The cancellation means that Your Money Rights Limited may no longer carry out any claims management services.


    Business Name:
    Your Money Rights Limited
    Address:
    14 High Street
    Town/City:
    AMMANFORD
    Postcode:
    SA18 2LY
    County:
    Sir Gaerfyrddin
    Trading Names:

    Sector:
    Financial products/services
    Status:
    Authorisation Cancelled
    Common Sense .... if in doubt, use it !

    “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

    Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

    Find Solicitors offering fixed fees on our sister site - JustBeagle.com
    Tags: None

  • #2
    Re: Your Money Rights Ltd - CMC authorisation cancelled by MOJ

    To add to this cancellation:- Firm fined 350,000 for making record 146 million nuisance calls



    Date14 September 2017TypeMonetary penaltiesSectorFinance insurance and credit

    A company behind a record high 146 million illegal calls about PPI has been fined 350,000 by the Information Commissioner’s Office (ICO).

    Further Reading




    Some of the complaints here 01267 244735 http://who-called.co.uk/Number/2,01267244735
    Common Sense .... if in doubt, use it !

    “We may not win by protesting, but if we don’t protest we will lose. If we stand up to them, there is always a chance we will win.” Hetty Bower

    Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

    Find Solicitors offering fixed fees on our sister site - JustBeagle.com

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    INFORMATION

    Claims Management Compare CMCs
    Before using a claims management company make sure you DO YOUR RESEARCH. Firms can charge up to 50% of any refund you might be due.


    LegalBeagles helps you compare CMCs on price and ratings of claims management companies that offer to help reclaim PPI (Payment Protection Insurance) or other financial products.


    If you have a problem with a Claims Management Company you can post on our consumer forum for help in the first instance.


    To make a formal complaint you should complain to the CMC in the first instance, and if there has been no resolution within 8 weeks you can take your complaint to the Legal Ombudsman.
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