ScamSmart Investments Partner Toolkit (February 2023) [zip]

The Financial Conduct Authority (FCA) has published a new toolkit concerning investment scams. As with all toolkits published by the Authority, the material contained in this presentation may be used by „partner firms“ – that is firms supervised by the FCA and operating in this line of business – on their own websites or their social media to support the FCA in its efforts to prevent harm from consumers. Accordingly, there’s no prior approval necessary for the use of the information, including the use of infographics.
In this particular case, the FCA provides
– information on the typical investor falling for investment scams and
– possible red flags in this context such as
– the investment is too good to be true (promised investment returns are far beyond the average returns) and
– the offering firms puts pressure upon a potential investor.
The toolkit shall support legitimate, reputable firms – in this case particularly investment firms, banks, or investment advisory firms – help raise investment scam awareness and refer customer to the FCA’s website setting out a corresponding warning list of unauthorized firm.