REGULATION · UK
FCA updates watchlist with unauthorized clones of regulated firms including Zenith Grow
UK Financial Conduct Authority has flagged unauthorized entities cloning FCA-authorized firms, including Zenith Grow (impersonating a regulated firm). Part of ongoing FCA campaign against clone fraud.
WHY IT MATTERS
Unauthorized entities are using AI-generated branding and website copies to impersonate banks; compliance teams must implement domain monitoring and verify counterparty FCA registration via official channels.
Source: FCA UK · 2026-08-20