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Abstract:Eminent Regulators like CONSOB and the Financial Conduct Authority (FCA) have issued a warning against First Abu Dhabi Bank. The warning highlights potential risks associated with this broker's operations.
Eminent Regulators like CONSOB and the Financial Conduct Authority (FCA) have issued a warning against First Abu Dhabi Bank. The warning highlights potential risks associated with this broker's operations.
FCAs WARNING
Name: First Abu Dhabi Bank, United Kingdom / 1stabudbk.com (clone of FCA Authorised Firm)
Email: info@1stabudbk.com
Website: 1stabudbk.com
CONSOBs WARNING
First Abu Dhabi Bank, United Kingdom / 1stalbudbk.com (www.1stabudbk.com), clone of authorized company;
As an investor, you must be alerted by this broker. It is the ultimate red flag. The authorities advised investors to exercise caution and conduct thorough research before engaging with this broker. The FCA shared the correct details of the broker too.
The correct details are:
Firm Name: First Abu Dhabi Bank P.J.S.C.
Firm Reference Number: 204680
Address: 45 Cannon Street
London, EC4M 5SB, UNITED KINGDOM
Telephone: +4402073933600
Website: https://www.bankfab.com/en-gb/regulatory
About First Abu Dhabi Bank
First Abu Dhabi Bank PJSC is authorised and regulated by the Central Bank of the United Arab Emirates and the Securities and Commodities Authority of the United Arab Emirates. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority (Financial Services Register No. 204680) and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.
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