“BE CAREFUL OUT THERE” – THE FCA AUTHORISES SOME DUBIOUS BUSINESSES

https://suite.endole.co.uk/insight/company/08443946-crossflow-payment-solutions-trading-limited =

This is the wholly insolvent “Crossflow Payment Solutions” – Incredibly, they are authorised and regulated by the U.K.’s Financial Conduct Authority (#FCA) in relation to their business.

One will quite quickly realise that #CrosslowP are insolvent upon a balance sheet basis, and the circa GBP £5,000,000 insolvent position they are in – is actually getting worse at a rate of knots.

However, if you are one of their customers – Don’t expect the U.K. Govt. to ‘bail you out’ = https://register.fca.org.uk/s/firm

“The Financial Ombudsman Service will not be able to consider a complaint about this firm.”

“The Financial Services Compensation Scheme will not be able to consider a claim against this firm if it fails.”

. . . and it will (sooner or later)!

To discuss further, please do not hesitate to contact the writer.

Mr. Dan.Johnson@EquitableLaw.com

Founding Principal – and – Business Law Solicitor

+44 (0) 20 8780 3319 : London D.D. Landline Tel.

www.EquitableLaw.com – Solicitors For Business