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Gable Insurance AG is in liquidation
On 17 November 2016 Gable Insurance AG (a Liechtenstein insurance company that provided private motor and commercial insurance for UK customers) went into liquidation. This follows a formal order that was issued to Gable on 7 September 2016 by the -
Enterprise Insurance Company is now in liquidation
The Provisional Liquidator has today issued his report to the Supreme Court of Gibraltar and has now been appointed as Liquidator of Enterprise Insurance Company Plc ('Enterprise'). Enterprise is now in liquidation. This means that anyone with a -
Solo Capital Partners LLP
On 22 September 2016 at 3.50pm, Solo Capital Partners LLP formally entered into Special Administration Regime insolvency proceedings. The other regulated entities of the Solo Group, West Point Derivatives Ltd, Old Park Lane Capital Limited and -
FCA systems now available again
There was a physical hardware incident at a supplier's data centre on Friday; we put in place our recovery arrangements and they have operated as planned. The majority of our systems are now operating again. -
FCA statement on super-complaint from Which?
Which? submitted a super-complaint to the PSR and the FCA calling on them to ensure banks better protect customers who are tricked into transferring money to a fraudster. -
FCA statement on Consultation Paper 12/20: Review of the client money rules for insurance intermediaries
The Financial Conduct Authority (FCA) has today written to firms providing an update on Consultation Paper 12/20: Review of the client money rules for insurance intermediaries, where it had proposed some changes to the rules and guidance in Chapter -
FCA statement on redress methodology for pension transfers
The Financial Conduct Authority (FCA) has today announced that it intends to consult in autumn 2016 to update the methodology used to calculate the levels of redress due in cases of unsuitable advice on transfers from defined benefit (DB) -
Enterprise Insurance Company indicates it is insolvent
The Provisional Liquidator of Enterprise Insurance Company Limited (Freddie White, appointed 25 July 2016) has today (30 September 2016) written to all insurance brokers to advise that he intends to terminate all Enterprise Insurance policies on 26 -
Guidance on fund suspensions
Following the result of the EU referendum, we are aware that some asset managers are experiencing higher than normal levels of redemption requests from investors in their funds. -
Temporary prohibition of short selling: Credito Valtellinese sc, Telecom Italia spa
Temporary prohibition of short selling: Credito Valtellinese sc, Telecom Italia spa. Statements First published:. 07/07/2016. Last updated: 07/07/2016. Share page. Temporary prohibition of short selling: Credito Valtellinese sc, Telecom Italia spa.