FSCS in-default register

Knight Finance (European) Ltd

Declared in default5 February 2020FRN 300039

What this means for you

Because Knight Finance (European) Ltd 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

Knight Finance (European) Ltd, a UK-regulated firm authorised under FRN 300039, has been declared in default by the Financial Services Compensation Scheme as of 5 February 2020. The firm provided payment protection insurance (PPI) claims services to customers. Former customers with eligible claims may be entitled to compensation of up to 90 per cent of their losses with no upper limit, in accordance with FSCS protection rules for insurance-related products.

Products this firm wrote

Ppi Claims

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.