The previous notification that a regulatory Supervisory Notice(s) had been filed by the Financial Conduct Authority (FCA) against one of our related companies, with the entire FCA FSN & SSN matters being referred to the Tax & Chancery Chambers of the High Court on 19 October 2022 is hereby updated.
Unfortunately, due to the FSLA having confirmed that our submissions were accepted and their members would be able to represent us on a pro bono basis, it turned out that due to the complexity of the matters and stated ‘conflicts of interest’, it was decided to withdraw the submission and the matters were no longer pursued on 21 December 2023.
As a result, all related websites which relate to any group 'regulated activities' have been suspended, until further notice and no further marketing, or financial promotions will be undertaken by our group, however, that does not mean the basis of any validated MSC’s have any less of a proven or probable legal ‘cause of action’, and we hope to be able to announce further information of what this may mean in the near future.
Thank you for your continued support in this matter.