CA Indosuez Wealth (Europe)

Reference number: 543000

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Not FCA authorised, winding down its UK business

This firm is not authorised or regulated by the FCA. It used to serve UK customers from elsewhere in Europe, and is now allowed only to service the contracts it already had, not to take on new customers.

What the FCA says

This firm is running off its UK business and cannot deal with new customers.

This firm is in the UK's financial services contracts regime for EEA-based firms that previously passported into the UK. This regime provides a limited period of time during which firms can continue to service UK contracts entered into prior to the end of the transition period, in order to wind down their UK business in an orderly fashion. There are two parts to the financial services contracts regime and this firm is in the part called contractual run-off. Contractual run-off is generally for firms that previously provided services from an EEA country into the UK but did not have a UK branch. Firms in contractual run-off are not authorised and regulated by the FCA or the PRA. However, they can continue to undertake regulated business in the UK, for a period, but can only perform regulated activities within the scope of their previous passport in the UK and only to the extent necessary to continue to service pre-existing contracts with UK customers or where necessary to reduce financial risk, to transfer property or comply with the law. For example, they are generally not allowed to deal with new customers or undertake any new regulated business, unless it is necessary to perform a pre-existing contract. Consumers doing business with firms in contractual run-off may wish to ask for further information from the firm about the basis on which the firm is doing business with UK customers and, in particular, how complaints and compensation arrangements apply to UK customers. A firm based in an EEA State, may not be covered by a compensation scheme or not to the same extent as a UK authorised firm. The right to refer a matter to a dispute resolution scheme may not exist or may be more difficult for a UK customer to use. You can read more about the financial services contracts regime, including details of the relevant legislation, on the FCA's website and the PRA's website .

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.

Activities and protection

What the record covers, and how you are protected

  • Not FCA regulated
    This firm is not authorised or regulated by the FCA. The FCA warns that a firm based in the EEA may not be covered by a compensation scheme, or not to the same extent as a UK authorised firm, and that the right to refer a complaint may not exist or may be harder to use. Ask the firm how compensation and complaints work for its UK customers.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Previously registered as

The FCA register holds one earlier registered name for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Credit Agricole Luxembourg

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Common questions

Frequently asked questions

Is CA Indosuez Wealth (Europe) FCA authorised?
Yes, CA Indosuez Wealth (Europe) (FRN 543000) is authorised by the FCA to carry out regulated activities. It is winding down its UK business, though, so it cannot take on new customers and can only service the ones it already has.
Is my money safe with CA Indosuez Wealth (Europe)?
CA Indosuez Wealth (Europe) is not authorised or regulated by the FCA. The FCA warns that a firm based in the EEA may not be covered by a compensation scheme, or not to the same extent as a UK firm, and that referring a complaint may be harder. Ask the firm how compensation and complaints work for its UK customers.
Is CA Indosuez Wealth (Europe) a scam or clone?
CA Indosuez Wealth (Europe) is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is CA Indosuez Wealth (Europe)'s Firm Reference Number (FRN)?
CA Indosuez Wealth (Europe)'s FRN is 543000. You can verify it on the FCA register.