The Financial Conduct Authority (FCA) has imposed restrictions on violations by London Court Limited on the "My Investment Hub" platform.。

The FCA's action means London Court cannot carry out regulated activities for new customers or new investments。But it can provide bond management and ISA management services to existing clients and their already held investments.。

The FCA is concerned that London Court Ltd does not have adequate systems and controls in place to ensure that investments on its My Investment Hub platform meet the needs of customers to whom the investments are allocated.。

Regulators have launched a review of investments on the My Investment Hub platform and have expressed serious concerns about the level of due diligence at London Court Ltd.。

The regulator is seriously concerned that the company does not have:

a.Appropriate systems and controls to determine the target market for the investment provided on the platform, assess whether the investment provided meets the needs of the customers distributed, or ensure that the distribution of investments to customers is in the best interests of the company's customers。b.Adequate resources。

London Court Ltd can still provide ISA management services to existing customers。

If you have any questions, you can contact London Court Ltd or the investment provider that directly manages your investment。