FSCS in-default register

First European Securities Limited

Declared in default23 June 2014FRN 311285

What this means for you

Because First European Securities Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

First European Securities Limited (FRN 311285) has been declared in default by the FSCS as of 23 June 2014. The firm's product types were not specified in available records. Eligible customers may be entitled to FSCS compensation up to the applicable limits for their product category, though the absence of specified product data limits determination of precise entitlements.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.