REGULATION · UK
FCA alerts on fraudulent clones of authorised firms impersonating regulated entities
The Financial Conduct Authority has issued multiple public alerts about fake websites cloning FCA-authorised firms (FairPCP, palamonpartners.com). These phishing sites impersonate regulated entities to deceive consumers into unauthorised transactions.
WHY IT MATTERS
Increased clone-firm scams signal risk that compliance and fraud teams must escalate monitoring; FCA expects banks to strengthen customer authentication and warn clients of lookalike websites.
Source: FCA UK · 2026-07-17