London Court enters liquidation following FCA scrutiny

FSCS anticipates ‘complex’ claims investigation

Jen Frost
clock • 2 min read

London Court has entered creditors’ voluntary liquidation following the imposition of regulatory restrictions around a year ago.

Quantuma Advisory's Rehan Ahmed and Tauseef Rashid have been appointed as joint liquidators of the Kensington-based ISA manager and investment adviser. The Financial Services Compensation Scheme (FSCS) has opened to London Court customer claims. However, it noted that its team is set to investigate whether claims meet the "qualifying conditions" for compensation. "We anticipate this will be a complex investigation and we anticipate working very closely with the jJoint lLiquidators," the FSCS stated. London Court previously faced FCA supervisory action  London Court acted as a bon...

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