FCA encourages former Verus Financial Services Limited customers to check if they can claim with FSCS
By FCA
AI summary of the source article
The FCA is urging former customers of Verus Financial Services Limited to check if they can claim compensation through the FSCS. Since 2025, the firm lacks permission to carry out regulated activities or move assets without FCA approval.
Key facts
- Former Verus Financial Services Limited customers can check the FSCS website to see if they are eligible for compensation.
- Since 2025, Verus lacks permission to carry out any regulated financial services activity or provide financial advice in the UK.
- Verus cannot sell, transfer, or reduce its assets without FCA approval.
Source excerpt · FCA
Compensation may be available to former Verus customers through the Financial Services Compensation Scheme (FSCS), subject to assessment. If you were a customer of Verus Financial Services Limited, you can now check to see if you can claim for compensation on the FSCS website. The FCA is supporting the FSCS as it assesses claims against Verus Financial Services Limited and decides whether individu…