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FCA Final Notice to Finablr plc
We have issued a Final Notice to the firm in accordance with section 390(1) of the Financial Services and Markets Act. -
Oakam (also trading as Loal) enters administration
Oakam Ltd (trading as Oakam and Loal) was placed into administration on 24 February 2022. Andrew Tate and James Hopkirk of Kreston Reeves LLP have been appointed as joint administrators. -
Recent statements by Bitpanda GmbH (Bitpanda)
We are aware of recent statements made by Bitpanda announcing the acquisition of Trustology Limited. -
Strathkelvin Credit Union enters administration
Strathkelvin Credit Union Limited was placed into administration on 22 February 2022 and has now stopped trading. Dina Devalia, Simon James Bonney and Ian William Wright of Quantuma Advisory Limited have been appointed as joint administrators. -
New financial sanctions measures in relation to Russia
Following the Prime Minister’s statement to the House of Commons on 22 February 2022, the UK has announced a tranche of sanctions on Russia. -
Statement on funeral plan provider applications
From 29 July 2022, the Financial Conduct Authority (FCA) will regulate funeral plan providers, following a change in the law. -
Safe Hands Plans withdraws application for authorisation
Safe Hands Plans Limited has withdrawn its application to the FCA for authorisation as a funeral plan provider. Safe Hands Plans will not be taking on new customers. Do not buy a new funeral plan from this firm. -
Bank of England, FCA, PRA and PSR conduct 2021 review of Memorandum of Understanding for payment systems in the UK
Sixth review of the Bank of England, FCA, PRA and PSR Memorandum of Understanding on payment systems in the UK. -
FCA stops AJH Financial Services Limited disposing of assets without permission
We have stopped AJH Financial Services Limited, a firm that advised on transfers from the British Steel Pension Scheme (BSPS), disposing of assets without FCA permission. -
Xpress Money Services Limited enters special administration
On 11 February 2022, a special administration order was made by the Court in relation to Xpress Money Services Limited (“Xpress”) under the Payment and Electronic Money Institution Insolvency Regulations 2021. David Hudson and Philip Reynolds of