Terms of Service

1. What the Service is

PromoCheck is an automated aid that reviews financial promotions against a maintained set of FCA financial-promotion rules and returns flags, citations, and a record of the review. It is a decision-support tool for compliance professionals.

PromoCheck does not itself carry on any regulated activity under the Financial Services and Markets Act 2000, does not communicate or approve financial promotions, and does not provide legal or regulatory advice. It is software that supports the regulated firm’s own review process. Velkron is not acting as your compliance function, adviser, or approver.

2. Not legal or regulatory advice; your responsibility

The Service does not provide legal, regulatory, or compliance advice, and does not approve, certify, or authorise any financial promotion. Under FCA rules, responsibility for a financial promotion rests with the regulated firm communicating or approving it. You remain solely responsible for the compliance of your promotions and for having them reviewed and signed off by a suitably qualified person before publication.

3. Accuracy and no warranty

The Service uses automated models and may produce incomplete, inaccurate, or missed findings. The absence of a flag is not a statement that a promotion is compliant. The Service is provided “as is” and “as available”, without warranties of any kind, whether express or implied, including fitness for a particular purpose and accuracy, to the fullest extent permitted by law.

4. Acceptable use

You will not submit unlawful content, attempt to reverse-engineer or disrupt the Service, or use it to provide a competing automated compliance service. You are responsible for the content you submit and for holding any rights necessary to submit it.

5. Accounts

Access is tied to your work email and scoped to your firm. You are responsible for activity under your account and for keeping access credentials secure.

6. Limitation of liability

To the fullest extent permitted by law, Velkron will not be liable for any indirect, incidental, special, or consequential loss, nor for loss of profits, revenue, goodwill, or any regulatory penalty, fine, or enforcement cost arising from your use of or reliance on the Service. The total aggregate liability of Velkron arising out of or in connection with the Service is limited to the amounts you paid for the Service in the twelve months preceding the event giving rise to the claim. Nothing in these terms excludes liability that cannot lawfully be excluded.

7. Data

Our handling of the content you submit and of your account data is described in the Privacy & data page, which forms part of these terms.

8. Changes and termination

We may update the Service and these terms; material changes will be notified. We may suspend or terminate access for breach of these terms.

9. Governing law

These terms are governed by the laws of England and Wales, and the courts of that jurisdiction have exclusive jurisdiction, subject to any mandatory consumer protections.