FCA launches new Firm Checker tool to help consumers and businesses to verify whether a financial services firm or individual is authorised and regulated and protect against fraud, scams, and other FC

The tool allows consumers to quickly confirm a firm’s regulatory status, see any restrictions or warnings, and identify clone-firm risks, strengthening early detection of scams and unauthorised activity. It forms part of the FCA’s wider strategy to reduce harm from financial crime by improving transparency, empowering consumers, and disrupting criminals’ ability to operate in the UK market…