DevDosh Ltd Non Regulated

DevDosh Ltd are not regulated by the FCA for several reasons

We don’t need to be
DevDosh Ltd provides a financial product not advice. We will provide full guidance on our product and we will reject applications from potential clients that we feel are unsuitable; but we will not recommend our product to you. It speaks for itself.

Our product doesn’t need to be
DevDosh Ltd facilitates Special Purpose Vehicle (SPV) companies lending money to Property Developers through Senior Debt Finance; First Charge Real Estate Development Mortgages. On that basis our clients invest in security issued by the SPV. This type of investment is called a Non-Mainstream Pooled Investment and is not an FCA regulated activity.

Our clients don’t need to be
The only benefit to diluting the DevDosh Ltd business model and product to fall into line with the FCA is that we could market to unsuitable clients. Our commercial mortgage investment pays a premium return and is illiquid in nature. This makes our product suitable for investors that can afford to commit a portion of their capital for 18-24 months; but is unsuitable for someone that can’t. For that reason we make our product available to High Net Worth Individuals, Sophisticated Investors and similar legal investing entities that take responsibility for their own investment strategies.

Accountability
DevDosh Ltd chooses to be governed by and accountable to the highest standards of English Law. Our clients invest in security issued by a Special Purpose Vehicle (SPV) which makes them the Shareholders of the SPV under the Companies Act 2006. On that basis they are automatically protected by the full weight of United Kingdom corporate law. Furthermore, with regards to any form of wrong doing we believe our clients deserve more than a regulatory body to complain to followed by a protracted arbitration process which may or may not end with a satisfactory conclusion for the complainant. DevDosh Ltd do not require a safety net of governing bodies and civil courts. Should DevDosh Ltd ever act in a manner that materially disadvantages clients then we should be reported directly to the National Economic Crime Centre/Serious Fraud Office to suffer the full force of the UK criminal justice system.