Two advice firms with 18 claims against them declared in default

Ayesha Venkataraman
clock • 1 min read

The Financial Services Compensation Scheme (FSCS) has declared two financial advice firms, Juno Moneta Capital Management Ltd and Westbury Private Clients LLP, in default. Swansea-based Westbury Private Clients LLP was restricted from holding client money by the Financial Conduct Authority (FCA) on 1 July 2013, according to the FCA register. It may be able to control client money if it has the necessary requirements, it stated. The firm was also restricted from carrying on the MIFID investment service and activity of placing of financial instruments without a firm commitment basis by the...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?