Kingscrown Finance Limited has stopped onboarding new customers or undertaking new business with existing customers – including extending existing credit.

Kingscrown, which was incorporated in 2014, provides lending for business and investment purposes, including property investment, buy-to-let and house in multiple occupation (HMO) finance.

The voluntary restrictions on Kingscrown’s business came into effect on 21 April 2026. Kingscrown has never been authorised by or registered with the UK Financial Conduct Authority (FCA).

Kingscrown has notified all existing customers of the restrictions and their effects and will secure all books and records.

The FCA has recently reminded regulated firms about the risks when dealing with unregulated lenders. The regulator also raised concerns in 2024 about anti-money laundering standards directly with Annex 1 businesses in a letter to CEOs.

Firms applying to the FCA for registration under the 2017 Money Laundering Regulations must ensure they comply with the relevant regulatory requirements. The FCA will consider using its regulatory tools where it considers it appropriate to do so, including restricting the business activity of firms that are seeking to obtain registration with the FCA.