Arch cru cells suspension lifted

Laura Miller
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The Arch cru cells suspended last week from the Channel Islands Stock Exchange (CISX) have resumed trading.

A notice from the CISX says the listing for 14 Arch cru cells resumed from 7am this morning following the receipt of further information. Eleven Arch cru fund cells were suspended last week from the exchange after auditors said they could not find enough evidence of yearly cash flows. In a notice, the CISX said the cells had been suspended "on the basis that the Audited Accounts have a Disclaimer of Opinion on the results of operations". Auditors Ernst & Young (E&Y) state in the company accounts for Arch, renamed SPL funds, they were unable to obtain sufficient audit evidence for t...

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