FCA warns on fake letters
The Financial Conduct Authority has warned of fake letters claiming to be from deputy CEO Sarah Pritchard and referencing a fake FCA employee.
The watchdog confirmed yesterday that it had received reports of the letter last month and in April. The letter mentions a supervisory review in relation to a bank and includes a false FCA phone number.
In its alert the regulator reported: “Scammers may attempt to trick your firm into revealing important information by pretending to work for the FCA.
“They may reach out to you via email, phone or post, and use the name of an FCA employee to make you think the communication is genuine.
RelatedFCAOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Aviva doubling down for customers, says Martin
Aviva is committed to pushing on with an “absolute focus on customer” and will continue “doubling down”, David Martin, managing director for UK commercial and chief distribution officer, told Insurance Age as he teased a “major new proposition” pencilled in for the end of the third quarter will catch brokers’ eyes.
Acturis Worldwide reveals revenue and operating profit in inaugural accounts
Acturis Worldwide, the parent company of the software house since Astorg upped its investment in 2024, has revealed £25m of operating profit and £220m of revenue in its first set of accounts.
Newly launched Momentum AR buys Devon-based broker
Start-up broker Renata Group has purchased Devon-based Abbot Insurance Consultants, as part of its long-term strategy to expand its UK footprint.
FSCS confirms zero broker levy in 2026/27
The Financial Services Compensation Scheme has confirmed brokers will not pay a levy in the 2026/27 financial year, delivering on its intentions set out in November.
Allianz Commercial CDO Ktenidis targets e-trade growth in Northern Ireland and sub-£10,000 risks
Allianz UK Commercial is seeking to grab its share of a £2bn opportunity by converting manually traded sub-£10,000 premium risks to digital.
Biba to strengthen stakeholder engagement with head of public affairs hiring
The British Insurance Brokers’ Association has appointed Amy Cox as head of public affairs who has committed the trade body will remain a “a constructive friend and trusted voice for government”.
Ageas CEO Middle promises open dialogue and transparency over restructure programme
Ageas UK CEO Ant Middle has committed to transparency and clarity as he acknowledged the insurer’s restructure affects people’s lives with it seeking to almost halve its workforce by 2029.
FCA warns firms of fake texts in two-step bank details scam
The Financial Conduct Authority has sounded the alarm about scam MyFCA text messages and has urged firms not to share any information including bank details.