CHARLES SCHWAB, U.K., LIMITED

Reference number: 225116

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Scammers have impersonated this firm. The FCA has published 1 warning naming the fake phone numbers, emails and websites they used. See the warnings →

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

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.

Company details

From the company's Companies House record.

Company number
04709153
Company status
Active
Company type
Private limited company
Incorporated
24 March 2003 (23 years old)
Registered office
33 Ludgate Hill, London, EC4M 7JN, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Richard John Flynn Director Apr 1980 17 Jun 2019
Elaine Michelle Hutchins Ball Director Dec 1971 26 Mar 2024
Kathie Koo Chao Director Apr 1982 26 Mar 2024
Adam Jamieson Goethe Director May 1983 10 Jun 2024

Warning

Scammers have impersonated this firm

Fraudsters have used this firm's name or details with their own contact information to appear genuine. Check whatever you were given below, and against the firm's real details above.

Fake phone numbers (3)
  • +85252419660
  • +85292667685
  • 020 8133 8690
Fake email addresses (3)
  • accounts@schwab.uk.com
  • ipo@schwab.uk.com
  • richard.thorpe@schwab.uk.com
Fake websites (1)
  • schwab.uk.com
The FCA warning these came from

Scammers change these details often. Always check the live FCA warning.

Activities and protection

What they can do, and how you are protected

  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (3 permissions)
  • Arranging (bringing about) deals in investments
  • Credit Broking
  • Making arrangements with a view to transactions in investments

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

Action taken against them

1 fine in 2020, £8.96m in total. This is part of the official register record and is worth reviewing before going ahead.

  • Fined £8.96m on 21 December 2020
    On 21 December 2020, the FCA has imposed on Charles Schwab UK Limited (“CSUK”) a financial penalty of £8,963,200 pursuant to section 206 of the Act. The reason for this action is because between 1 August 2017 and 22 April 2019 CSUK breached Principle 10 of the Authority’s Principles for Businesses and associated rules in the Authority’s Client Assets Sourcebook. Further, between 1 August 2017 and 22 March 2018  CSUK breached section 20 of the Financial Services and Markets Act 2000. In addition, on 12 January 2018, CSUK breached Principle 11. The FCA’s action took effect on 21 December 2020 and a copy of the Final Notice is displayed on the FCA's web site.

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Common questions

Frequently asked questions

Is CHARLES SCHWAB, U.K., LIMITED FCA authorised?
Yes, CHARLES SCHWAB, U.K., LIMITED (FRN 225116) is authorised by the FCA to carry out regulated activities.
Is my money safe with CHARLES SCHWAB, U.K.,?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about CHARLES SCHWAB, U.K., to the Financial Ombudsman Service, free of charge.
Is CHARLES SCHWAB, U.K., a scam or clone?
CHARLES SCHWAB, U.K., is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is CHARLES SCHWAB, U.K.,'s Firm Reference Number (FRN)?
CHARLES SCHWAB, U.K.,'s FRN is 225116. You can verify it on the FCA register.