In its 19 May 2026 judgment, the High Court approved pro rata distribution to eligible investors of money recovered by the FCA from Argento Wealth Limited (AWL). Eligible investors must act by 1 August 2026.
Updated on 17 June 2026 to add a list of known AWL sub-distributors and further contact details for investors.
You can receive a share of the money recovered if you:
- Invested in the AWL Loan Scheme; or
- Invested in the EMB Scheme and if your investment was arranged by AWL or its sub-distributors/introducers.
We will make payments to eligible investors, as defined in the court judgment, who provide their bank account details on or before 1 August 2026.
If we do not have your bank details by this date, then you will be unable to receive a distribution payment.
The same applies if we are not aware of your investment by that date.
We will write to eligible investors named in Appendices 1 to 2 of the court order using the contact details we already hold. Appendices 1 to 2 are not being published for privacy reasons. This correspondence will provide more information about how to provide bank details securely.
If you have not previously been in contact with us, but you invested in the AWL Loan Scheme or in EMB Fund Limited (via AWL or its sub-distributors) and you think you may be eligible, please contact us as soon as possible, and no later than 1 August 2026. A list of known sub-distributors/introducers can be found below.
If your contact details have changed, please contact us as soon as possible, and no later than 1 August 2026.
Please contact us, preferably by email, on [email protected] or by calling +44 (0)20 7066 1000 asking for Samuel Gorman. If Samuel is not available, please ask for Laura Steele.
Alternatively, if you do not have access to email or telephone, you can write to: Freepost – RTZE – RHAL – URAJ, Unauthorised Business Department – RE01157, Financial Conduct Authority, 12 Endeavour Square, London E20 1JN.
Any details provided via post should be received by us no later than 1 August 2026.
More information
- Read the High Court’s order for distribution (PDF)[1] (with Appendices 1 to 2 listing investor names omitted for privacy reasons).
- Read the court’s judgment (PDF)[2].