Financial Services Register checks allow you to confirm whether a firm you are planning to do business, or a candidate you are hiring, is authorised in some capacity by the FCA or Prudential Regulation Authority (PRA) – or if they’re exempt. You can also see the status of their permission (e.g. full, or interim).

Being authorised by the FCA (or registered with) is a mandatory requirement for any business that intends to carry out activities specified by the Regulated Activities Order 2001 or the Payment Services Regulations 2017. If your business fits one of these profiles, you must register.

How to use the Register

1. Always check the firms or person you’re dealing with is listed on the Register. The Register lists all the firms and individuals that are involved with regulated activities.
2. Make sure they have permissions for the regulated activities you need.
3. Only use the contact details listed on the Register.

To search and check that an advisor is regulated, you can use the search function within the Financial Services Register….For more information about finding other financial advisors, contact:

1. Local financial advice.
2. Unbiased financial advisors.
3. Money advice service.

Binance is an online broker specialising in digital currencies with monthly trading volumes of tens of billions of dollars. It was banned by the Financial Conduct Authority (FCA) from carrying out any regulated activity in the UK, such as offering options trading, in June.

Emma has bank-grade encryption so you should feel assured that your data is kept securely. It is FCA and ICO registered and the app has read-only access, meaning no-one can touch the money.

The FCA acts as watchdog for the conduct of all regulated and authorised firms and individuals (GT News, Apr 13). The PRA has the statutory objective to “promote the safety and soundness of firms”. Its aims to avoid adverse effects on financial stability through prudential management of a firm’s business.

The PRA’s most important micro-prudential decisions are made by the Prudential Regulation Committee (PRC). The FPC has a view of the bigger picture – the complete puzzle (known as macro-prudential regulation).

All financial advisers should be registered with the FCA. This means they meet the right standards and you get more protection if you’re not happy with the service. For example, you can complain to the Financial Services Ombudsman and may be able to claim compensation if things go wrong.

The FSA (Financial Services Authority) is an independent, non-governmental body that regulates the financial services industry in the UK, including most financial services markets, exchanges and firms. Granted statutory powers in the UK by The Financial Services and Markets Act 2000 ,…

Financial Services Authority (FSA) Share this item with your network: The FSA (Financial Services Authority) is an independent, non-governmental body that regulates the financial services industry in the UK, including most financial services markets, exchanges and firms.

The Financial Services Register is a public record of firms, individuals and other bodies that are, or have been, regulated by the PRA and/or FCA.