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Abacus Financial Management



Abacus Financial Management - Warnung FCA UK - 2012-Feb-28



Financial Services Authority

ALERT

We (the Financial Services Authority ­ FSA) have published this statement today in order to warn investors against dealing with unauthorised firms.

This statement is to advise members of the public that an organisation identifying itself to UK individuals as:

Abacus Financial Management (Clone of FSA authorised firm)
www.abacusfinancialmgmt.com
Telephone: 0207 193 9451

is not authorised under the Financial Services and Markets Act 2000 (FSMA) to carry on a regulated activity in the UK. Regulated activities include, amongst other things, advising on investments and dealing and arranging deals in investments ('investments' include stocks and shares). We believe that the organisation may be targeting UK customers.

The following FSA authorised firm has no association whatsoever with the organisation discussed above identifying itself as Abacus Financial
Management:
· Abacus Financial Management (FSA authorisation: 182922)
779 Harrow Road, Wembley, Middlesex, HA0 2LW
In addition, it has no association whatsoever with the following formerly FSA authorised firm:
· Abacus Financial Management (Previously FSA registered with No.
214504)


What does this mean for you?
If you are an investor, you should be aware that the Financial Ombudsman Service and the Financial Services Compensation Scheme are not available if you deal with an unauthorised company or individual.
How can you check whether a firm is authorised?

To find out whether a company or individual is authorised, go to the FSA Register Check Service at
http://www.fsa.gov.uk/Pages/register/

Date: 28/02/2012

Note: For an uptodate list of unauthorised firms issued, please visit:
www.fsa.gov.uk/Pages/Doing/Regulated/Law/Alerts/index.shtml
For further information on unauthorised firms targeting UK investors see the press release issued on 6 June 2006 at:
www.fsa.gov.uk/pages/Library/Communication/PR/2006/053.shtml
For more details about the tactics that are commonly adopted by unauthorised firms targeting UK investors see the warning issued in April 2005 available at:
www.fsa.gov.uk/pages/Library/Communication/PR/2005/039.shtml
The Share Investments Scam leaflet updated in August 2011 available at:
http://www.fsa.gov.uk/pubs/other/scams_leaflet.pdf