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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 -
FCA proposes rules for pension providers to help deliver Pensions Dashboards
We set out the critical role regulated pension providers must play in helping to launch the Government’s Pensions Dashboards initiative, which aims to empower savers to engage with their pensions. -
TFS Loans Limited enters administration
On 8 February 2022 TFS Loans Limited was placed into administration. Allister Manson and Trevor Binyon of Opus Restructuring LLP were appointed as Joint Administrators. -
Corporate & Professional Pensions Limited in administration
Corporate & Professional Pensions Limited (Corporate & Professional), is a SIPP operator authorised and regulated by us. We set out the steps clients should take and advice on how to protect against scams. -
Consumer warning on Falcon Financial Solutions Ltd and Thestral Financial Services Ltd
We have removed permissions from Falcon Financial Solutions Ltd and Thestral Financial Services Ltd. They are no longer permitted to carry out any regulated activities. -
Exchange of letters and work on multiple-occupancy residential buildings insurance
We outline the work we are carrying out in the insurance market for multi-occupancy residential buildings. -
All Flintshire Credit Union enters administration
All Flintshire Credit Union Limited was placed into administration on 25 January 2022 and has now stopped trading. James Sleight and Peter Hart of PKF GM have been appointed as administrators. -
Ounapuu Ltd (formerly Ferratum UK Limited) enters a Creditors’ Voluntary Liquidation
On 31 December 2021 Ounapuu Ltd, formerly trading as Ferratum UK, was placed into a Creditors’ Voluntary Liquidation. -
Changes to LIBOR as of end-2021
Publication of 24 LIBOR settings has ended, and the 6 most widely used sterling and Japanese yen settings will be published using a changed methodology. -
Viola Money (Europe) Limited enters administration
A special administration order was made by the Court regarding Viola under the Payment and Electronic Money Institution Insolvency Regulations 2021