FCA Warns Public Against Clone Firm smartpaynet.com
The UK Financial Conduct Authority has issued a warning regarding smartpaynet.com, an unauthorized clone firm falsely claiming association with MONEY COMPASS LIMITED.
Read alertPUBLIC FINANCIAL BUSINESS REGISTER
Search IFSA's public register for approved business details, or follow a documented path to verification for your firm.
IFSA VERIFY
Results show only business details IFSA has approved for public release.
Verified records
reviewed before publication
Global coverage
across supported jurisdictions
Open access
free public register search
PUBLIC DIRECTORY
Explore a selection of approved records currently available in the public register.
HOW IT WORKS
The process is designed to make requirements visible and verification status easy to understand.
See the full processCreate a business account with a work email and your core company details.
Submit supporting documents and verify your phone, email, company, and domain.
Eligible approved businesses receive a searchable public record and verification mark.
INVESTOR PROTECTION
Review recent warnings before sending funds or sharing personal information.
The UK Financial Conduct Authority has issued a warning regarding smartpaynet.com, an unauthorized clone firm falsely claiming association with MONEY COMPASS LIMITED.
Read alertThe UK Financial Conduct Authority has issued a warning against themoneycompass.net, an unauthorized clone website falsely impersonating the authorized entity Money Compass Limited.
Read alertThe UK Financial Conduct Authority (FCA) has issued an official warning against Novatrust-asset, an unauthorized firm offering financial services without permission.
Read alertIFSA UPDATES
Guidance, announcements, and developments from the authority.
CySEC has welcomed the release of ESMA's follow-up Peer Review Report regarding the supervision of investment firms operating on a cross-border basis.
Read updateThe Cyprus Securities and Exchange Commission (CySEC) has released an announcement addressing the conclusion of the MiCA Regulation transitional period and issued a warning to the public.
Read updateThe Commodity Futures Trading Commission has approved a final rule governing its whistleblower award program.
Read updateCOMMON QUESTIONS
The International Financial Services Authority (IFSA) is an independent regulatory body responsible for licensing, supervising, and regulating financial services firms operating under its jurisdiction. IFSA’s mandate is to promote financial integrity, market transparency, regulatory compliance, and consumer protection within the financial services industry.
Any entity conducting regulated financial services activities within or from IFSA’s jurisdiction must obtain the appropriate license prior to commencing operations. This may include brokers, investment firms, asset managers, payment institutions, and other financial intermediaries.
The duration of the licensing process depends on the completeness of the application, the complexity of the proposed business model, and the responsiveness of the applicant. On average, the process may take several weeks to a few months following submission of all required documentation.
Minimum capital requirements vary depending on the category of license and the nature of financial activities being conducted. Applicants must demonstrate adequate financial resources to ensure operational stability and client protection.
Yes. Foreign companies may apply for authorization, provided they meet IFSA’s regulatory standards and comply with any local establishment or representation requirements set forth under applicable regulations.
MARKET BRIEF
Selected stories from external market publications.

Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023

Revolut hackers demand $3 million in Monero, threaten to sell customer data

Celsius sues BitMEX for $495 million over 2020 crash liquidations

U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss

Hamas military wing told donors to avoid sending crypto directly from Binance, DOJ filing shows

Crypto Long & Short: Six signs a crypto winter is ending
START WITH CONFIDENCE
Search by license number for an approved IFSA record, or begin your firm's verification application.