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Unregulated loan notes and mini-bonds: don't risk your savings on promises of high returns

These high-risk investments should not usually be advertised widely to the public. We banned the marketing of speculative mini-bonds and loan notes to ordinary retail investors from 1 January 2021.We

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Frequently asked questions

What is this FCA publication?
This is an FCA Statement published on 2026-08-20. These high-risk investments should not usually be advertised widely to the public. We banned the marketing of speculative mini-bonds and loan notes to ordinary retail investors from 1 January 2021.We Source: fca.org.uk.
Which sectors does this affect?
This publication is relevant to: Insurance, Investment & Consumer Duty.
How do I get alerts for FCA Statements?
FCA Radar monitors all FCA Statement publications and emails you a sector-filtered digest from £29/mo per month. Subscribe at fca-radar.pages.dev.