Results 1 to 2 of 2

Thread: Your Money Rights Ltd - CMC authorisation cancelled by MOJ

  • Share
  • Thread Tools
  • Display
  1. #1
    Amethyst's Avatar

    Site Owner



    Joined
    May 2007
    Posts
    60,800
    Mentions
    1819 Post(s)

    Default Your Money Rights Ltd - CMC authorisation cancelled by MOJ

    As a result of an investigation the Claims Management Regulator has cancelled Your Money Rights Limited’s 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
    “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 advice I provide is given without liability, if you are unsure please seek professional legal guidance.

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

  2. #2
    Amethyst's Avatar

    Site Owner



    Joined
    May 2007
    Posts
    60,800
    Mentions
    1819 Post(s)

    Default 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
    “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 advice I provide is given without liability, if you are unsure please seek professional legal guidance.

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

Similar Threads

  1. Morganbentley Ltd’s CMC authorisation Cancelled
    By Legal Beagles in forum News and Information
    Replies: 1
    : 8th June 2014, 15:47:PM
  2. CANCELLED - Claims Management Companies authorisation cancelled by MOJ
    By Amethyst in forum Claims Management Companies
    Replies: 16
    : 15th February 2011, 12:09:PM
  3. Bentley & Co authorisation cancelled
    By Angel Pie in forum HMCS & Ministry of Justice (MOJ)
    Replies: 3
    : 22nd June 2010, 17:20:PM
  4. IG Money Ltd - Claims authorisation cancelled
    By Amethyst in forum Claims Management Companies
    Replies: 0
    : 20th January 2010, 14:36:PM
  5. Claims companies with Authorisation Cancelled
    By Amethyst in forum Claims Management Companies
    Replies: 6
    : 15th May 2009, 14:00:PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Contact Us



© Celame (UK) Ltd 2017
LegalBeagles® are DPA Registered No. ZA158014
LegalBeagles® is the trading name of CELAME (UK) LIMITED ( 09220332 )
Registered Address: 25 Moorgate, London, England, EC2R 6AY
VAT registration number 206 9740 02
User Alert System provided by Advanced User Tagging v3.1.3 (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Celame (UK) Ltd Powered by vBulletin® Version 4.2.3
Copyright © 2017 vBulletin Solutions, Inc. All rights reserved.

To find out more about managing your money and getting free advice, visit the Money Advice Service,an independent service set up to help people manage their money.

TOP