Important Clarification

We would like to clarify that our company, London Trading Index Limited, registered in England and Wales (Companies House registration number 12227660), is not affiliated with London Trading Index Limited, Saint Vincent and the Grenadines (Financial Services Authority registration number 25630). We are not providing or promoting any of London Trading Index Limited, Saint Vincent and the Grenadines' financial services or products. For any information regarding London Trading Index Limited, Saint Vincent and the Grenadines, please visit their official website at www.londontradingindex.com.

The information provided indicates that London Trading Index Limited (registered under company number 12227660) is a legitimate business entity in the UK. Its classification under SIC code 82990 implies it is engaged in other business support service activities not classified elsewhere, which do not inherently require regulation by financial authorities such as the Financial Conduct Authority (FCA).

Company Registration and Legitimacy:

• Company Number: 12227660
• Status: Recognized as a legitimate business entity under UK law.
• SIC Code: 82990 (Other business support service activities not elsewhere classified).

Regulatory Requirements:

• Current Scope: The company’s primary activities under SIC code 82990 typically involve general business support services and do not necessitate FCA regulation.
• Non-Financial Activities: As long as London Trading Index Limited confines its activities to those classified under SIC code 82990, it does not need to be regulated by the FCA.

Compliance and Vigilance:

• Scope of Activities: The company must ensure that its activities remain within the defined scope of SIC code 82990.
• Potential Expansion: Should the company consider expanding its operations into areas that might involve financial services or products, it must assess whether these new activities would fall under the jurisdiction of the FCA or other regulatory bodies.
• Regulatory Awareness: Continuous monitoring and understanding of relevant regulations are essential, especially if the business operations evolve.

Recommendations for Compliance:

1. Regular Audits: Conduct regular internal audits to ensure all business activities align with SIC code 82990 and do not inadvertently stray into areas requiring FCA regulation.
2. Legal Advice: Seek legal counsel when considering expansion into new business areas to fully understand the regulatory implications.
3. Training and Education: Keep the management and staff informed about the regulatory requirements pertinent to their roles and any changes in legislation that might affect the company.
4. Documentation and Record-Keeping: Maintain thorough documentation of business activities and decisions to demonstrate compliance in case of regulatory inquiries.

By adhering to these guidelines, London Trading Index Limited can maintain compliance and avoid potential regulatory issues while focusing on its core business support services.

The recent newsletter published on the FCA website did not specify which entity they were warning about. However, since the FCA has used our address on their website, we have sought more clarity from the FCA.
FCA warning page: https://www.fca.org.uk/news/warnings/london-trading-index-limited.

Thank you