FCA issues warning on Harlequin investments

The Harlequin group of companies is engaged in the development and distribution of overseas property investments and resorts. Investors should ensure they fully understand the risks involved with the investment, said the FCA, which also recommended they contact an appropriately qualified adviser and obtain legal advice from lawyers in the country where the property is located before proceeding. It follows an alert sent out by the regulator to financial advisers earlier this year, setting out its expectations when they recommend overseas property purchased through one of Harlequin's su...