Cabot Financial (uk) limited - Unlicensed trading?

[meellis]

Re: Cabot Financial (uk) limited - Unlicensed trading?

I know what you mean M1 just seen things like it been brought up like it by others notably Swift and it was ignored. I understand there is the regulated/unregulated argument as difference between this and Swift but it seems that some things are hard and fast rules for some but guidelines for others. I hope somebody could get this to work as a defence because it might set a president but who knows.

[mystery1]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Interesting and breaking rules but every time I have see things like this the finance companies are allowed to remedy the situation. Obviously if it was the debtor making an error then they would be hung drawn and quartered for it. I'm not bitter

Not sure how they can remedy this. It should feature in every defence if it's this version o Cabot that is being dealt with.

M1

[meellis]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Interesting and breaking rules but every time I have see things like this the finance companies are allowed to remedy the situation. Obviously if it was the debtor making an error then they would be hung drawn and quartered for it. I'm not bitter

[mystery1]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Clerical error ? On the assignment, various begging letters and on a claim form with a statement of truth ?

Somebody has seriously messed up and as far as i see this info should be brought to the attention of the claimant, claimants legal team, court, SRA and FCA in every single case.

Massive IMHO.

M1

[nemesis45]

Re: Cabot Financial (uk) limited - Unlicensed trading?

They now seem to have switched to trading under Cabot Financial (Europe) Limited and Cabot Financial (Marlin) Limited, both of which are currently authorised.

If they are still using the old names in correspondence then that is obviously wrong, but perhaps an admin mistake?

https://register.fca.org.uk/shpo_sea...abot+financial

http://www.cabotfinancial.co.uk/

Famous for their " Clerical " errors!

nem

[Nibbler]

Re: Cabot Financial (uk) limited - Unlicensed trading?

They now seem to have switched to trading under Cabot Financial (Europe) Limited and Cabot Financial (Marlin) Limited, both of which are currently authorised.

If they are still using the old names in correspondence then that is obviously wrong, but perhaps an admin mistake?

https://register.fca.org.uk/shpo_sea...abot+financial

http://www.cabotfinancial.co.uk/

Cabot Financial (Europe) Limited, part of the Cabot Credit Management Group, is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales. Company number 03439445. VAT Registration Number 725037061
Registered addr: 1 Kings Hill Ave, Kings Hill, West Malling, Kent, ME19 4UA

[nemesis45]

Re: Cabot Financial (uk) limited - Unlicensed trading?

I wonder if the FCA is allowing ( as did the OFT) companies to trade until the FCA gets round to reviewing licences?
If this is the case then the more information on the conduct of Cabot is reported it may well influence a decision.

nem