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FSCS Failed Firms · FRN 154182

City & Merchant — FSCS Claims & Compensation (FRN 154182)

Full legal name: City & Merchant Ltd

Under investigationInvestments11 September 2024
Quick Answer

City & Merchant Ltd (FRN 154182) was placed under investigation by the FSCS on 11 September 2024. If you were advised by City & Merchant and lost money, you may be able to claim compensation of up to £85,000 from the FSCS. Eligibility depends on your circumstances — a free check takes under a minute.

City & Merchant Ltd appears on the FSCS failed-firms register. It was placed under investigation on 11 September 2024, in the Investments category.

What this means for you

If City & Merchant advised you to invest — for example in a bond, fund, or an unregulated or high-risk product — and that advice was unsuitable, you may have a claim. Where the firm has failed, the FSCS may pay eligible losses up to £85,000 per person.

City & Merchant is currently under investigation rather than formally in default. A claim through the FSCS may become possible if and when it is declared in default — it is worth registering your details now so you are ready.

Your options

  • FSCS — where City & Merchant has failed, you may claim eligible losses up to £85,000 per person, per firm (the FSCS limit is £85,000 for firms that failed from 1 April 2019, £50,000 for 2010–2019 and £48,000 before that). You can claim free at fscs.org.uk without using a solicitor.
  • A representative — specialist firms can gather the evidence and handle the claim for you, typically on a No Win, No Fee basis.
  • Check your time limit — deadlines vary by route. See our guide to time limits for mis-selling claims, and how compensation is calculated.

Were you a client of City & Merchant?

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FAQ

Is City & Merchant Ltd still trading?

City & Merchant Ltd (FRN 154182) appears on the FSCS failed-firms register and was placed under investigation on 11 September 2024. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against City & Merchant?

You can claim directly and free of charge through the FSCS at fscs.org.uk, or instruct a representative to handle it for you. Either way, a free initial check can confirm whether you may be eligible.

How much could I claim for City & Merchant?

Where eligible, the FSCS pays up to £85,000 per person for City & Merchant. The actual amount depends on your assessed loss and your individual circumstances.

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This page is for information only and is not affiliated with the FSCS. You can complain to the Financial Ombudsman Service or claim from the FSCS for free without using a solicitor. Compensation depends on your individual circumstances. This website does not constitute legal advice.

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