Dolfin Financial (UK) Ltd

Reference number: 552894

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Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

Website, phone number and address

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.

  • No website on the FCA register

  • Phone number

    020 8934 5387

  • Address

    C/O S&W Restructuring, 45 Gresham Street, London, EC2V 7BG, United Kingdom

In the full report: 2 background checks, 1 thing worth a closer look

  • What kind of line 020 8934 5387 is
  • Whether EC2V 7BG is a shared office: 22 other firms give it
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Other names (5)

If you were contacted under any of these names, it is this firm.

  • Dolfin Trading name
  • RMS FinGroup Ltd Former name
  • Structured Investment Group Ltd Former name
  • RMS Capital Markets Former trading name
  • RMS Wealth Former trading name

Past FCA permissions and consumer protection

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (20 permissions)
  • 1. Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account.
  • 3. Executing payment transactions (no credit line)
  • 5. Issuing and/or acquiring of payment instruments.
  • 6. Money remittance.
  • Advising on a home reversion plan
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) a home reversion plan
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Arranging safeguarding and administration of assets
  • Dealing in investments as agent
  • Dealing in investments as principal
  • Making arrangements with a view to a home reversion plan
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments
  • Managing investments
  • Providing basic advice on stakeholder products
  • Safeguarding and administration of assets (without arranging)

Limits on the record

  • Retention and notification requirements
    9) Dolfin must secure all books and records and preserve all information and systems in relation to regulated activities carried on by it, and must retain these in a form and at a location within the UK, to be notified to the Authority in writing by 19 March 2021, such that they (or, so as not to hinder Dolfin’s performance of its business activities, true copies of them) can be provided to the Authority, or to a person named by the Authority, promptly on its request.
  • Restriction on activities
    1. Dolfin (whether directly or through its agents) must not, without the prior written consent of the Authority: a) on-board any new Tier 1 Investor Visa clients except for discretionary investment management services where the portfolio does not contain any Conflicted Securities (as defined below); b) accept any new client money or new custody assets from existing Tier 1 Investor Visa clients to purchase any Conflicted Securities (as defined below); c) structure, promote, issue or distribute any bonds or loan notes where there are identifiable or potential conflicts of interest between Dolfin or its Directors, and the company seeking to raise finance (“Conflicted Securities”). 2. Paragraph 1b above does not apply to the acceptance of new monies or custody assets from existing clients and/or third parties by Dolfin as a result of, or in relation to the following: a) payment of its fees in relation to custody and platform services; b) receipt of dividends or coupons; c) rights issues; or d) corporate actions including maturing bonds. 3. Dolfin must secure all books and records and preserve information and systems relating to regulated activities carried on by it, and must retain these in a form and at a location, to be notified to the Authority in writing no later than 7 days after the coming into force of these Requirements, such that they (or, so as not to hinder Dolfin’s performance of its business activities, true copies of them) can be provided to the Authority, or to a person named by the Authority, promptly on its request. 4. Dolfin will not undertake acquisitions and materially grow its business in excess of an agreed limit, without the prior written consent of the FCA.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Concerns on the company record

  • Companies House records this company in administration, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company number
07431519
Company status
Administration
Company type
Private limited company
Incorporated
5 November 2010 (15 years old)
Registered office
C/O Rrs Sw Partners Llp, 45 Gresham Street, London, EC2V 7BG
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)
  • Financial management (SIC 70221)
  • Other business support service activities not elsewhere classified (SIC 82990)

Key dates in its history

Dolfin Financial (UK)’s history from the FCA register and Companies House, newest first.

Key events (9) All events (37)

2021

12 March 2021

  • FCA imposed a requirement (Retention and notification requirements)

FCA register

2019

24 December 2019

  • FCA imposed a requirement (Restriction on activities)

FCA register

2016

5 October 2016

  • Changed its registered name from "RMS FinGroup Ltd"

FCA register

6 April 2016

  • Denis Nagy took control (75–100% of shares)

Companies House

2014

23 April 2014

  • Changed its registered name from "Structured Investment Group Ltd"

FCA register

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2011

25 October 2011

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

2010

5 November 2010

  • Incorporated at Companies House

Companies House

In the full report: all 37 events

  • All 37 events in its history (9 shown here)
  • Every director appointment and resignation: 20
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Get the full report on Dolfin Financial (UK)

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 2 background checks on its contact details, 1 flagged
  • All 37 events in its history

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Frequently asked questions about this firm

Is Dolfin Financial (UK) Ltd FCA authorised?
Yes, Dolfin Financial (UK) Ltd (FRN 552894) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since October 2011 and works as a payment or money transfer firm. The FCA has placed 2 limits on what it may do.
What is Dolfin Financial (UK)’s phone number?
The FCA register lists the phone number 020 8934 5387 for Dolfin Financial (UK). If you were given different contact details, use these to check with the firm before going any further.
Is Dolfin Financial (UK) a scam or clone?
Dolfin Financial (UK) is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Dolfin Financial (UK)?
Dolfin Financial (UK) is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who owns Dolfin Financial (UK)?
Companies House lists one person with significant control of Dolfin Financial (UK): Mr Denis Nagy (75–100% of shares).
How long has Dolfin Financial (UK) been in business?
The company was formed on 5 November 2010. Companies House now lists it as administration.
Does Dolfin Financial (UK) use any other names?
It trades as Dolfin. It has previously used 4 other names, including RMS FinGroup Ltd, Structured Investment Group Ltd and RMS Capital Markets.

Sources and links

The full report on Dolfin Financial (UK) Ltd

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