Final Notice
On , the Financial Conduct Authority issued a Final Notice to Frensham Wealth Limited
The Housing Disrepair Group Limited
The FCA has refused The Housing Disrepair Group Limited’s application to be authorised to
conduct claims management regulated activities.
This decision follows the transfer of regulatory responsibility for claims management
companies (CMCs) to the FCA on 1 April 2019. The Housing Disrepair Group Limited applied
for permission to conduct claims management regulated activities on 31 July 2019. A final
Notice refusing its application was issued by the FCA on 8 April 2021.
The FCA refused the application as it cannot ensure that The Housing Disrepair Group Limited
will satisfy and continue to satisfy the threshold conditions set out in Schedule 6 of the
Financial Services and Markets Act 2000, in particular the Appropriate Resources and
Suitability threshold conditions. The threshold conditions are the minimum standards that
firms must meet in order to be authorised by the FCA.
The FCA has refused The Housing Disrepair Group Limited’s application to be authorised to
conduct claims management regulated activities.
This decision follows the transfer of regulatory responsibility for claims management
companies (CMCs) to the FCA on 1 April 2019. The Housing Disrepair Group Limited applied
for permission to conduct claims management regulated activities on 31 July 2019. A final
Notice refusing its application was issued by the FCA on 8 April 2021.
The FCA refused the application as it cannot ensure that The Housing Disrepair Group Limited
will satisfy and continue to satisfy the threshold conditions set out in Schedule 6 of the
Financial Services and Markets Act 2000, in particular the Appropriate Resources and
Suitability threshold conditions. The threshold conditions are the minimum standards that
firms must meet in order to be authorised by the FCA.