Clarkson Hill is unable to undertake any regulated activities after the FSA removed its permissions.
The group was unable to undertake activities from 5pm last Friday, 3 December. It says it is now considering several options, including the sale of the business, and is continuing discussions with the FSA in a bid to resolve matters as soon as possible. The move follows a temporary suspension of its shares, announced on 24 November, pending clarification of its regulatory statement. It was the second time this year shares in the beleaguered group were suspended after it failed to submit its annual accounts in July. In October, the IFA's board said it had received an approach regard...
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