Scottish National Investment Bank PLC
Reference number: 939740
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On the register, but not FCA authorised
This firm is registered with the FCA for anti-money-laundering checks only, which is why it appears on the register. That is not authorisation: the FCA does not oversee how it treats customers, and FSCS protection does not apply.
What does this mean?
- Some businesses are required by law to have an anti-money-laundering supervisor. For this kind of business that supervisor is the FCA, and the registration is the only reason the firm appears on the FCA register.
- What the FCA checks is narrow: that the firm identifies its customers, keeps records, and reports suspicious activity. It is the anti-crime paperwork behind a bank asking you for ID.
- It does not check anything about you as a customer. Not whether the firm treats you fairly, not whether it is financially sound, not whether what it sells is any good. The FCA describes firms registered this way as “not authorised or subject to wider FCA regulation”.
- So if the firm fails or treats you badly, there is no FSCS compensation, and the Financial Ombudsman Service usually cannot look at a complaint about unregulated business.
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.
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No website on the FCA register
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No phone number on the FCA register
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Verified address
2-4 Waterloo Place, Edinburgh, Midlothian, EH1 3EG, United Kingdom
Company details
From the company's Companies House record.
- Company number
- SC677431
- Company status
- Active
- Company type
- Public limited company
- Incorporated
- 13 October 2020 (5 years old)
- Registered office
- Waverley Gate, 2-4 Waterloo Place, Edinburgh, EH1 3EG, United Kingdom
- Nature of business
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- Activities of other holding companies not elsewhere classified (SIC 64209)
- Financial intermediation not elsewhere classified (SIC 64999)
Current directors and secretaries
| Name | Role | Born | Appointed |
|---|---|---|---|
| Jonathan Mcleod Grigor Taylor (Sir) | Director | Mar 1955 | 22 Nov 2020 |
| Tracey Anne Ashworth-Davies | Director | Dec 1962 | 22 Nov 2020 |
| Carolyn Hay | Director | Jan 1978 | 22 Nov 2020 |
| Peter Richard Andrew Knott | Director | Mar 1964 | 22 Nov 2020 |
| Jason Scott Mcgibbon | Director | Jul 1972 | 22 Nov 2020 |
| William Geddie Watt | Director | May 1959 | 22 Nov 2020 |
| Jacqueline Redmond | Director | Mar 1968 | 22 Nov 2020 |
| Gary Edward Page | Director | Jun 1965 | 1 Feb 2024 |
| David Alexander Ritchie | Director | Jan 1976 | 6 Jan 2026 |
| Craig John Wood | Director | Mar 1970 | 27 Feb 2026 |
| Alison Janet Talbot | Secretary | Not published | 18 Dec 2023 |
Activities and protection
What the record covers, and how you are protected
- Money-laundering registration onlyThis firm is registered for anti-money-laundering supervision only. It is not FCA-authorised. Money you hand over is not protected by the FSCS, and the Financial Ombudsman Service may not be able to consider a complaint about unregulated business.
Track record
FCA actions and complaints
No FCA disciplinary action, and no complaints recorded with the Ombudsman.
Previously registered as
The FCA register holds 2 earlier registered names for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.
- PREC0110 PLC
- Scottish National Investment Bank
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Common questions