FCA blacklists London bank

FCA blacklists London bank




A London bank has been blacklisted by the Financial Conduct Authority for providing financial services without its authorisation….

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p>A London Bank has been blacklisted by the Financial Conduct Authority for providing financial services without its authorisation.

Oumal Bank Ltd, First Way, Wembley, HA9 0JD has been the subject of a public FCA warning for its lack of authorisation. The body warns individuals that some unauthorised firms knowingly run fraudulent scams.

The firm, incorporated in 2011 and now marked as dormant, dealt in the Private Limited market with share capital according to Company Check.

The FCA advises the public only to deal with authorised financial firms, and to check the Financial Services Register before carrying out any business.

For information on how to report a firm that does not appear on the register, and how to protect yourself from unauthorised firms, please visit www.fca.org.uk.


 

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