The special administrators of SVS Securities have provided an update on their recent work on this case and their plans.
The Administrators say they are currently in the process of preparing the necessary application to cancel the company’s FCA permissions to carry out regulated activities. The Administrators envisage that the application will be submitted prior to the hearing of the Administrators’ discharge application.
The Administrators have submitted an application to Court for an order bringing the special administration of the company to an end.
The above application…