Why We’re No Longer FCA Regulated – And Why That Doesn’t Change a Thing for You

You may have noticed that we are no longer regulated by the Financial Conduct Authority (FCA). We want to take a moment to explain why this has happened and, more importantly, what it means for members of TheCarCrowd.

What Changed?

For the past four years, we were regulated by the FCA as an appointed representative, and during that time, we passed every audit, adhered to strict governance standards, and received no complaints. We were proud to operate under this regulation, as it provided an extra layer of trust and security for our members.

Recently, we sought advise from an independent UK based regulatory law firm to review the products we offer (classic car syndication and co-ownership).  They’ve informed us that because the product we provide is not classified as a regulated financial product, we should not look to be under their supervision of the FCA as this could confuse potential clients and make life more complex for us and our members.  Simply put, classic cars and performance cars that are directly owned by individuals or syndicates are not considered financial instruments in the eyes of the FCA.

So, What Does This Mean for You?

It’s natural to have concerns when things change, but we want to reassure you that nothing changes in terms of how we operate. While we are no longer FCA-regulated, we continue to operate with the same level of professionalism, transparency, and diligence as we always have.

In fact, our commitment to governance and best practices is stronger than ever. Here’s why:

1. We Act Like a Regulated Business: Just because we’re not regulated by the FCA anymore doesn’t mean we’ve stopped following the rules. We’ve built robust internal processes, procedures, and governance that were originally designed to meet the strict FCA standards. These are still in place and ensure that we act in the best interests of our members.

2. Security and Transparency: We continue to ensure that your capital is fully asset-backed. Each car is securely stored, insured, and maintained by professionals.

3. No Complaints, No Issues: Over the four years we were regulated, we had no complaints, and we passed every single audit. That track record speaks for itself. We’ve always been committed to doing the right thing, and that hasn’t changed.

4. We’re Still Here to Protect You: Even without FCA regulation, we still take our responsibility to you seriously. We work with trusted partners, use industry-standard safeguards, and remain committed to providing a secure, low-risk and transparent environment for all our members.

Your Capital is Safe

The most important thing we want you to know is that your capital is still just as safe as it was when we were under supervision. The cars you invest in are tangible, valuable assets—real cars, not abstract products like stocks or crypto.

And just like before, we continue to ensure that every car is cared for, stored properly, and fully insured, meaning your capital is backed by physical value. If anything, the changes in regulation make our business simpler and more focused on what we do best—providing you with access to own unique cars, without unnecessary bureaucracy.

What’s Next?

Going forward, we will continue to operate with the same integrity and commitment to excellence that you’ve come to expect from us. We’ll keep you updated with all relevant information, and we remain available to answer any questions you might have.

Our commitment to delivering secure, profitable, and enjoyable experiences for our members is unwavering. We’re still here to help you grow and diversify your portfolio with classic cars, and we’ll always be focused on providing a safe, enjoyable, and rewarding opportunities.