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.
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.