On the register, but not FCA authorised
The Greater London Authority is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how they treat customers, and FSCS protection does not apply.
What does this mean?
- Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
- What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
- It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
- So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.
Website, phone number and address
Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.
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No website on the FCA register
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No phone number on the FCA register
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Address
169 Union Street, London, SE1 0LL, United Kingdom
In the full report: 1 background check
- Who else gives the postcode SE1 0LL
Other names (1)
If you were contacted under any of these names, it is this firm.
- GLA Trading name: A name it trades under now.
Past FCA permissions and consumer protection
- Money-laundering registration onlyThis firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
FCA disciplinary action and complaints
No FCA disciplinary action.
The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.
Key dates in its history
The Greater London Authority’s history from the FCA register and Companies House, newest first.
2021
25 May 2021
- Registered with the FCA
- Began trading as "GLA"
FCA register
Director appointments and resignations, and trading names, appear under All events.
Firms connected to The Greater London Authority
Other FCA-listed firms that share a director, phone number or address with The Greater London Authority. A link shows who the firm is tied to, not whether either can be trusted.
- connected firms
- 2
- share its postcode
- 2
In the full report: all 2 connected firms, named
- How each is linked: the same postcode (2)
- Who links each one: the named directors, with dates
Get the full report on The Greater London Authority
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 1 background check on its contact details
- All 2 events in its history
- 2 connected firms, named, and who links them
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Frequently asked questions about this firm
Is The Greater London Authority FCA authorised?
Is The Greater London Authority a scam or clone?
Is my money safe with The Greater London Authority?
Does The Greater London Authority use any other names?
Sources and links
- Its entry on the FCA register register.fca.org.uk
- Report a scam to the FCA fca.org.uk