PALACE VENTURES LIMITED
Reference number: 433291
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Authorised by the FCA
This firm is on the FCA register and authorised to carry out regulated activities.
Identity
Check their details
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
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Verified website
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Verified phone number
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Verified address
Suite 27, 8 Shepherd Market, Mayfair, London, W1J 7JY, United Kingdom
Company details
From the company's Companies House record.
- Company number
- 04876135
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 22 August 2003 (22 years old)
- Registered office
- Suite 27 8 Shepherd Market, Mayfair, London, W1J 7JY, United Kingdom
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Current directors and secretaries
| Name | Role | Born | Appointed |
|---|---|---|---|
| David John Matthew Barnes | Director | Sep 1964 | 22 Aug 2003 |
| Richard John Andrew Van Den Bergh | Director | Jul 1947 | 22 Aug 2003 |
Activities and protection
What they can do, and how you are protected
- Hold or safeguard your money · Manage or trade investments FSCS may applyEligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
- Give regulated advice FSCS may applyA claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
Show FCA detail (4 permissions)
- Advising on investments (except on Pension Transfers and Pension Opt Outs)
- Arranging (bringing about) deals in investments
- Arranging safeguarding and administration of assets
- Making arrangements with a view to transactions in investments
Limits on what they may do
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Palace Ventures Limited is restricted to a maximum of 10 Appointed Representatives or Introducer Appointed Representatives
Palace Ventures Limited (the “Firm”) applies under section 55L(5)(a) of the Financial Services and Markets Act 2000 (“FSMA”) for the Financial Conduct Authority (the “FCA”) to impose the following requirements (the “Requirements”) on the Part 4A permission of the Firm as set out in the terms below. Restriction on registering Appointed Representatives or Introducer Appointed Representatives 1. With effect from 1 November 2024, the Firm may only appoint a maximum of 10 Appointed Representatives or Introducer Appointed Representatives who may carry out any regulated activities for which it has Part 4A permission. Effective date 2. The Requirement in this application is to take effect immediately on its acceptance by the FCA and notification of such to the Firm by email. 3. The Requirements will remain in force until the following conditions are satisfied: a. the Firm has conducted a satisfactory review of its framework for appointment and oversight of Appointed Representatives and Introducer Appointed Representatives against the requirements of the regulatory system (including, for the avoidance of doubt, the requirements of Chapter 12 of the FCA’s Supervision Manual) and provided a copy of a report setting out the outcome of this review to the FCA; b. the Firm has confirmed to the FCA that any remedial actions identified as necessary by the review carried out pursuant to Paragraph 3(a) of these Requirements have been satisfactorily completed; and c. the FCA has confirmed that the conditions in Paragraph 3(a) and Paragraph 1(b) of these Requirements have been met.
- This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
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Corporate finance or venture capital only
The firm must not conduct designated investment business other than corporate finance business or venture capital business
Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Track record
FCA actions and complaints
No FCA disciplinary action, and no complaints recorded with the Ombudsman.
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