Laura WilesThe FCA has ordered Beauforce Corporation to cease carrying out regulated activities and return all client money. The restriction means it can no longer provide regulated debt advice or debt management services to consumers.
The FCA had a number of concerns around Beauforce’s operations, including that the firm’s senior manager is currently disqualified from running a company for 10 years. The firm had failed to notify the FCA about the disqualification and also did not supply key information relating to its debt management activities and client money controls when requested.
In May 2025, the FCA issued the firm with a decision notice seeking to cancel its permissions entirely. Beauforce has referred this matter to the Upper Tribunal.