FCA warning for clone firm
![onestopbrokers-Regulators](https://www.onestopbrokers.com/wp-content/uploads/2014/03/onestopbrokers-Regulators.jpg)
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that “BNY Mellon Wealth Management” is a clone firm thus is not permitted to provide any financial services or products.
Furthermore, FCA points out that it is not regulated or authorised by the FCA.
Source: FCA