• Doing business with the FSA
  • Being regulated
    • Enforcing the Law
      • Warnings & alerts

The FSA issues alerts about firms and individuals based both overseas and in the UK when there are grounds to suspect that they are offering UK consumers and investors financial services or products without the necessary authorisation from the FSA or overseas EEA regulators.

The FSA also endeavours to publish, where possible, notices and warnings from other countries.

The FSA issues warnings about firms and individuals as soon as we have knowledge about them. Our lists are, therefore, continuously updated and are never complete.

For a full list of firms and individuals who are authorised to conduct regulated activities, please take a look at the FSA Register.

Investors should be aware that if they put their money with unauthorised firms they will not get the benefit of the UK compensation and complaint schemes.

If you have been contacted by an unauthorised overseas firm, it would be of assistance to the FSA if you would provide some information on your dealings with that firm by completing our on-line reporting form.

The FSA would also encourage you to report the matter to the City of London Police's Operation Archway, the national reporting system for boiler room fraud.

Lists

The lists are organised into the following categories:

• Unauthorised firms / individuals
  This lists the names of some firms and/or individuals who are not approved or authorised by the FSA to conduct regulated activities.
• Unauthorised overseas firms operating in the UK
  This list contains the names of unauthorised overseas firms known to be, or to have been, targeting UK investors.
• Unauthorised internet banks
  This list contains the names of entities promoting themselves over the internet and purporting to be banks and/or offering banking-type services, however none are authorised by the FSA.
• Notices/warnings issued by other foreign regulatory authorities
  This is a list of notices/warnings issued by other foreign regulatory authorities regarding firms conducting unauthorised business in their jurisdiction.