Cessation of the Franchise Partner Programme

Category



DATE

June 30, 2021

30th June 2021

Cessation of the Franchise Partner Programme

Wealth Dragons has agreed to cease to accept investment into, and marketing or any other promotion of its Franchise Partner program with the Financial Conduct Authority to add the following wording to the public register.

1. The requirement is on the following terms and with immediate effect:

a) WDL will cease to accept investment into, and marketing or any other promotion of, what WDL describe as the “franchise partner” arrangement. This includes removal of the online brochure at URL https://www.wealthdragonsgroupplc.com/wp-content/uploads/2020/02/Franchise-Brochure.A5-compressed-2-1.pdf, and any other marketing or promotional material with immediate effect.

b) WDL will not carry on any regulated credit brokering business.

c) The FCA’s public register will reflect paragraphs 1(a) and 1(b) of this requirement.