On February 20, 2020, the Financial Conduct Authority issued a warning regarding AL Asset Management (Clone of UK registered limited company)

In its notification, the FCA said "We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary of dealing with this unauthorised firm and how to protect yourself.".

The FCA went on to note that

Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised or registered by us.

This firm is not authorised by us and is targeting people in the UK. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong.

Unauthorised firm - AL Asset Management (Clone of UK registered limited company)

Address: News Building, 3 London Bridge Street, London, UNITED KINGDOM, SE1 9SG

Telephone: 02 037739541; 02030002692; 02086140736

Email: info@alassetmanagement.com

Website: www.alassetmanagement.com

Other Information: This clone firm is claiming to be an UK registered limited company and is quoting the legitimate Companies House number to suggest they are genuine. The UK registered limited company BL & PL Limited formerly known as AL Asset Management Limited (Company number 03558257) does not undertake regulated business and is not authorised by the FCA.

Be aware that some firms may give out other details or change their contact details over time to new email addresses, telephone numbers or physical addresses.

Click here to view the FCA's original notice