The City regulators will launch a new Financial Services Register to make it easier to find information on those they regulate - including scam firms for the first time.
From 7 September, the new Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA) Register will have one search field to find a firm, individual or collective investment scheme by looking up its name, reference number or postcode. People will also be able to search for certain investment exchanges. It will then be possible to filter the search results or click on a name for further information like contact details, the permissions a firm has or whether it is covered by the Financial Ombudsman Service and Financial Services Compensation Scheme (FSCS). The new reg...
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