We (the Financial Conduct Authority – FCA) have published this statement today in order to warn investors against dealing with unauthorised firms.
This statement is to advise members of the public that an organisation identifying itself to UK citizens as:
SFVA Finance (Clone of FCA EEA Authorised Firm)
Address: 14 Portland Terrace
Hampshire SO14 7ED
Tel: 0238 106 7951
Fax: 0238 005 1292
Email: [email protected]
is not authorised under the Financial Services and Markets Act 2000 (FSMA) to carry on a regulated activity in the UK. Regulated activities include, amongst other things, advising on investments and dealing and arranging deals in investments ('investments' include stocks and shares). We believe that the organisation may be targeting UK customers.
This entity is using a similar name, refers to the Paris address and FCA Firm Registration Number of a FCA EEA Authorised firm. The following firm has no association whatsoever with the organisation described above that is identifying itself as SFVA Finance:
FCA Firm Registration Number: 483948
EEA Passport to the UK for Insurance Mediation or Reinsurance Mediation Activities
What does this mean for you?
If you are an investor, you should be aware that the Financial Ombudsman Service and the Financial Services Compensation Scheme are not available if you deal with an unauthorised company or individual.
How can you check whether a firm is authorised?
To find out whether a company or individual is authorised, go to the FS Register.