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News and resources on regulation, compliance, legal and governance issues for banks and fintechs.

FCA removes Lanistar warning after disclaimer commitment

Following the FCA receiving a number of consumer reports, on Wednesday 18 November we issued a consumer warning against Lanistar. Today, the firm agreed to add an appropriate disclaimer to its marketing materials updating its regulatory status to confirm that it is not conducting regulated activities.

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The firm is also going to amend certain aspects of its website. On that basis we have removed the consumer warning.

The firm has confirmed it is in a pre-launch process. We will be working with the firm closely ahead of their launch. 

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