The FCA has sent out a warning about a Canary Wharf-based asset manager.

The regulator issued a notice today saying that AIB Asset Management had been offering financial services or products without getting the required regulatory approval.

In the note, it offered advice to consumers to “protect yourself from scammers”.

The FCA said: “We believe this firm has been providing financial services or products in the UK without our authorisation.

“This firm is not authorised by us and is targeting people in the UK.

“Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.

“Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.

“However, some firms act without our authorisation and some knowingly run investment scams.”

AIB Asset Management’s address is listed as: 40 Bank Street, Canary Wharf, E14 5NR

The website, registered as www.aibassetmanagement.com, does not load and says ‘unavailable’.

A Google search displays the beginnings of web page entry, stating: "Founded in 1995 as a specialist boutique, AIB Asset Management has become ... As an active fund manager we seek to add value for our clients by delivering..."

Another listed entry below this says the same, but that it was founded ten years earlier than stated above.

Consumers were urged to check the Financial Services Register to ensure firms are FCA authorised.