btc
Member of DD Central
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Post by btc on Mar 9, 2019 20:03:02 GMT
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Post by GSV3MIaC on Mar 9, 2019 20:56:53 GMT
Hmm, horse(s), stable door etc. However at least them seem to acknowledge the problem, which is not always the case.
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michaelc
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Post by michaelc on Mar 10, 2019 0:07:15 GMT
I see this as good news. The first step is surely to acknowledge there was a problem, the second to ensure it doesn't happen again and the third to make good on mistakes made in the past...
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duck
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Post by duck on Mar 10, 2019 4:35:32 GMT
I'm holding fast on this one, it could well be window dressing.
I found a couple of 'beta' pages from the 'new' register on the Net a couple of weeks ago (no longer there) and they had a comprehensive disclaimer at the bottom. In fact it was stronger than the current one which has also been 'beefed up' in the not too distant past.
We try to ensure that the information on this site is correct, but we do not give any express or implied warranty as to its accuracy. We do not accept liability for any error or omission.
Part of this site contains material sent to us by third parties. These third parties are responsible for ensuring that the material they submit to us is accurate and complies with national and relevant foreign law. We are not responsible for any error, omission or inaccuracy in the material. We reserve the right to omit, suspend or edit any material submitted.
Yes the FCA are promising to include any information of 'dodgy' firms so that consumers can see the warnings but this will have the effect of further confusion for consumers.
The 'consultation paper' placed the onus of the accuracy of the register on companies and this is the route the FCA are taking. Fine for the 1000's of legit companies who will maintain their entries correctly but there will always be a few bad apples. Without comprehensive checking of the register by the FCA themselves (and taking responsibility) there is every chance that the 'errors' will continue.
As always the devil is in the detail.
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