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Abstract:On 19 June 2023, the Financial Conduct Authority (FCA) issued a warning to investors regarding INVESTINGCITI. FCA claimed it is an unauthorized firm.
On 19 June 2023, the Financial Conduct Authority (FCA) issued a warning to investors regarding INVESTINGCITI. FCA claimed it is an unauthorized firm. The FCA cautioned that the company is not authorized to provide financial services or conduct investment business in the United Kingdom.
Name: INVESTINGCITI
Address: 30 St Mary Axe, London, UNITED KINGDOM, EC3A 8BF
12698 Hwy 35, Minden, CANADA, K0M2K0
921 Main Street, Antioch, Il, UNITED STATES OF AMERICA, 60002-1510
Telephone: +447488822455, +33184672100
Email: support.eng@investingciti.com,
support.de@investingciti.com,
support.fr@investingciti.com
Website: www.investingciti.com, www.trade.investingciti.org
FCA Stated that Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK. The prestigious Authority claimed that This firm is not authorised by us and is targeting people in the UK.
Investors are advised to exercise caution when dealing with INVESTINGCITI and to be aware that they will not have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme if they encounter any issues.
What is FCA?
Financial conduct authority (FCA)set up on 1 April 2013, taking over conduct and relevant prudential regulation from the Financial Services Authority (FSA). It is an independent public body funded entirely by the fees, they charge regulated firms. Its role is defined by the Financial Services and Markets Act 2000 (FSMA) .
FCA Head Office is based in London, but they also work across the UK, from their offices in Leeds and Edinburgh and via colleagues in Belfast and Cardiff. FCAs objectives are to:
• protect consumers from bad conduct
• protect the integrity of the UK financial system
• promote effective competition in the interests of consumers
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