The UK Financial Conduct Authority (FCA) has issued a warning about Recitycopy, stating that the firm may be providing or promoting financial services or products in the UK without the necessary authorisation. The notice was first published on 10 April 2026 and last updated on the same date.
According to the FCA, almost all firms and individuals must be authorised or registered by the regulator to carry out or promote financial services in the UK. The watchdog states that Recitycopy is not authorised and may be targeting people in the UK, and it advises that consumers should avoid dealing with the firm and remain alert to the risk of scams.
Details of the unauthorised firm
The FCA lists the following details for Recitycopy:
- Name: Recitycopy
- Address: 11 Grace Avenue, Great Neck, NY, UNITED STATES OF AMERICA, 11021; 1 Canada Square, Canary Wharf, London, UNITED KINGDOM, E14 5AB
- Telephone: +7027064466
- Email: [email protected]
- Website: www.recitycopy.com
The FCA cautions that some firms may provide incorrect or changing contact details, including postal addresses, telephone numbers and email addresses. It also notes that such firms may use contact details belonging to another business or individual to make their operations appear genuine.
Implications for consumers
The regulator warns that consumers who deal with Recitycopy will not have access to the Financial Ombudsman Service if they wish to make a complaint. In addition, they will not be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong, making it unlikely that they would recover their money if the firm goes out of business.
The notice adds that individuals who sent money to a fraudster on or after 7 October 2024 may be covered by protections introduced by the Payment Systems Regulator (PSR), although no further detail is provided in the statement.
Regulatory guidance and reporting
The FCA advises that consumers should only deal with financial firms that are authorised by the regulator. It directs users to the FCA Firm Checker as a tool to confirm whether a financial firm is authorised and has permission to provide the services being sought.
The regulator also encourages reporting of suspicious activity. Anyone who believes they have been approached by an unauthorised firm is asked to contact the FCA by calling 0800 111 6768 or by using the regulator's contact form.
