Topaz Finance Limited is a Financial Conduct Authority (FCA) regulated company. Companies undertaking certain regulated financial activities` (such as mortgage administration) are required to be authorised and regulated by the FCA.
Topaz Finance is owned by Computershare, an asset management company based in Australia, that purchased some of the closed book mortgages from UKAR (UK Asset Management, previously NRAM, previously Northern Rock)
There are strict rules surrounding regulation of financial companies. Under the Financial Service Register of the FCA, Topaz Finance (https://register.fca.org.uk/s/firm?id=001b000000MfYLPAA3) lists 29 individuals “currently and previously involved in regulated activities at this firm”. Some of these names are listed as executive directors (presumably of Topaz Finance, but perhaps of other connected companies).
Let’s examine some of these names:
Martin Thomas Berry is not, and never has been a director of Topaz Finance. Let’s see who he is connected with by searching under his reference number
Clicking further on Berry’s entry, the FCA have him listed as Executive Director of Computershare Mortgage Services Limited, Homeloan Management Limited, and Topaz Finance Limited.
The problem here is that, according to Companies House records, Mr Berry is not and never has been a director of any of these companies.
Let’s have a look at Mr Jackson, as with Mr Berry, approved by the regulator
According to the FCA, Mr Jackson (known as Mathew) is connected to the same companies as Mr Berry
Further entries show him listed as Executive Director for these companies
It may be that Mr Jackson knows Mr Berry, but not as a fellow director because, again according to Companies House records, Mr Jackson is not, nor ever has been a director of these companies.
Which takes us to Mr Runcorn. Without further ado, here are his entries
I’m sure I don’t need to tell you by now, but, again according to Companies House records, Mr Runcorn is not, nor ever has been a director of any of these companies. All three of these fine gentlemen have been approved by the regulator. Unfortunately, for everyone involved
In part 2 of this gripping tale I will have a look at some the “trading names” listed under Topaz Finance.