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FCA moves to wind up suspected network of eight financial services firms

FCA HQ
Photo: FCA

Regulator believes consumers faced significant risk.

Eight financial services firms are to be wound up after the UK Financial Conduct Authority (FCA) followed up consumer warnings with winding up petitions to the Insolvency and Companies Court. The eight firms appear to be connected.

The Official Receiver will now proceed with liquidation of the eight firms. Named