FCA issues Axa clone warning

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The regulator published a notice on its website that the firm, which has a Chinese telephone number, is not authorised under the Financial Services and Markets Act 2000 to conduct regulated activity in the UK. 

The FCA stated that regulated activities include, among other things, advising on investments, as well as dealing and arranging deals in investments.

It warned: "This entity is using the name and other details of a FCA-authorised firm. The Axa group of companies and, specifically, the

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