FCA alerts on four more unauthorised firms

Laura Miller
clock

The Financial Conduct Authority (FCA) has published warnings to consumers about four trading companies that are not authorised to carry out regulated activities.

Greenfield Securities, Eventus Consultancy JLT (trading as Eventus Alternatives), Hanover Associates Financial Services AG (www.hanover-associates.com), and Bforex (www.bforex.com) are not authorised by the FCA. None of the companies have been accused of any wrongdoing by the regulator, however consumers who use them would have no recourse to the Financial Services Compensation Scheme or the Financial Ombudsman Service if they were unhappy with the outcome of their services. In the note about Greenfield Securities, the FCA states that it believes it "may be targeting UK consumers". ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA urged to 'think again' on targeted support annuity rules

FCA urged to 'think again' on targeted support annuity rules

Regulator’s MoneyHelper signpost criticised as a ‘real limit’

Isabel Baxter
clock 03 September 2025 • 2 min read
FCA continues data reporting cuts

FCA continues data reporting cuts

Regulator removes more data returns

Isabel Baxter
clock 28 August 2025 • 1 min read
Regulatory and employment-related changes – what do firms need to prepare for?

Regulatory and employment-related changes – what do firms need to prepare for?

‘Getting these issues right is not just about avoiding regulatory action or tribunal claims’

Sophie White
clock 21 August 2025 • 4 min read