Unauthorised firms to avoid - Financial Conduct Authority

Unauthorised firms and individuals to avoid

Almost all firms offering financial services in the UK must be authorised by us. View our list of unauthorised firms and individuals to be especially wary of below.

You should only deal with a financial services firm that is authorised by us, and check the Register to ensure it is. If you deal with an unauthorised firm you will not be covered by the Financial Ombudsman Service (FOS) or Financial Services Compensation Scheme (FSCS) if things go wrong.

Unfortunately there are firms that operate without our authorisation and some knowingly run scams like share fraud.

If a firm does not appear on the Register but claims it does, search for it in the list below and contact our Consumer Helpline on 0800 111 6768.

You should also beware of fraudsters pretending to be from a firm authorised by us, as it could be what we call a 'clone firm'. If you are cold-called by a financial services firm always ring them back on the switchboard number given on the Register.

We add firms to this list as soon as possible but it is not exhaustive. Do not assume a firm is legitimate just because it does not appear in this list – these firms frequently change their name and it may not have been reported to us yet.

You should take more steps to protect yourself from unauthorised firms and check our list of warnings from foreign regulators. You can also find out about share fraud and other investment scams.

Search for an unauthorised firm below or see the most recently added firms.

View and subscribe to our RSS feed to get regular updates on unauthorised firms.