Financial Conduct Authority

Year 2013Regulated by Government

The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

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Danger Unauthorized
Disclosure summary
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  • Disclosure time 2015-04-23
Disclosure details

UBS Global Asset Management Funds Ltd (clone of FCA authorised firm)

Home News UBS Global Asset Management Funds Ltd (clone of FCA authorised firm) UBS Global Asset Management Funds Ltd (clone of FCA authorised firm) Warnings First published: 23/04/2015 Last updated: 21/11/2020 Fraudsters copy the details of firms we authorise to try and convince people that their firm is genuine. Find out why you shouldn’t deal with this clone firm. Almost all firms and individuals must be authorised by us to carry out financial services in the UK. This firm is not authorised by us but has been contacting people pretending to be an authorised firm. This is what we call a clone firm. Search our Warning List for other unauthorised and clone firms we're aware of. Clone firm details Fraudsters are using the following details to scam people: Name: UBS Global Asset Management Funds Ltd (clone of FCA authorised firm) Address: 21 Lombard Street, London, EC3V9AH Telephone: 02030007931, 02070604827 Fax: 02030007941 Email: info@ubs-pb.com, accounts@ubs-pb.com Website: www.ubs-pb.com Scammers may give out other false details, including email addresses, telephone numbers, postal addresses and Firm Reference Numbers. They may mix these details with the genuine details of authorised firms. They may also change their contact details over time. FCA authorised firm details This is the genuine, authorised firm that the fraudsters are claiming to work for. It has no connection with the clone firm. The correct details are: Firm Name: UBS Asset Management (UK) Ltd Firm Reference Number: 119319 Address: 5 Broadgate London, EC2M 2QS, UNITED KINGDOM Telephone: +4402075678000 Website: www.ubs.comLink is external What this means for you If you deal with this firm, you won't have access to the Financial Ombudsman Service if you have a complaint. You also won't be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it's unlikely you'd get your money back if the firm goes out of business. How to protect yourself You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can check our Financial Services Register to make sure a firm is authorised and has permission for the service it's offering you. You'll also be able to find: information on how you're protected contact details for authorised firms If you're contacted unexpectedly by a financial business or individual, make sure you reply using the contact details on the FS Register. Find out more about how to protect yourself from scams.
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