What’s in a name? FCA warns regarding unregulated firm Citigroup Investments

The Financial Conduct Authority has today issued a warning relating to Citigroup Investment and its associated company Citigroup Implementation Services Limited stating that the company has been providing financial services or products in the UK without authorization.

The name of the company is most certainly a point of interest, as, whilst it is very similar to that of the global financial institution Citigroup Inc (NYSE:C) which is one of the world’s largest interbank FX dealers, the two companies are completely unrelated in any way whatsoever.

Emulating the name of a bona fide company is colloquially known as ‘cloning’ and is a practice that the FCA does take seriously, however the purpose of this particular warning is to ensure that potential investors are made aware that Citigroup Investments does not have a license from the FCA.

The details of the company about which the FCA wishes to warn prospective investors are:


(1)14 Queens Anne’s Gate, London, United Kingdom, SW1H 9AA

(2) 2 Trinity Road, Sheermess, Kent, United Kingdom, ME12 2PJ


(1) +44(0)7872220120

(2) +44(0)7700000592

Fax: +447872220122

Website: www.citigroupinvestment.co.uk

Email: admi[email protected] & [email protected]

The FCA states that firm is claiming to be “authorized and regulated by the Financial Services Authority”

For the official notice from the FCA, click here.

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