Teaming up with... AVIVA

Welcome to the UKGI weekly regulation update service for Aviva ABC brokers

We hope you find the Updates useful. If you are
interested in subscribing to our affordable
ABC compliance support package, please
email us at ABC@ukgigroup.com or
call UKGI on our dedicated ABC
contact line 01925 767893.

FCA further updates its “Alert for firms: fake FCA communications” web page

Link(s):  Alert for firms: fake FCA communications | FCA

Context

The FCA has again updated its ‘Alert for firms: fake FCA communications’ web page, this time with details of fake FCA text messages.

Key points to note and next actions

The FCA has received reports of scam text messages claiming to be from the FCA.  These messages may warn of a data breach and include an 0800 number to call.  If firms call the number, they may be asked to share bank account details.

Some of these texts are designed to look like they come from the same sender the FCA uses for MyFCA one-time passcodes to login to a firm’s account.

Remember:

  • Genuine MyFCA authentication messages will not include an 0800 number.
  • The FCA will never ask for a firm’s bank details, PINs or passwords.

If firms receive a message like this, they should not respond or share any information.