Castlestone Management has released a statement saying it continues to operate as normal despite a visit to its offices yesterday by FSA enforcement officers.
The group said no action has been taken against it by the regulator and its funds are unaffected. “The purpose of the visit was to obtain data the regulator feels may be relevant to that investigation. Castlestone continues to be fully cooperative with the FSA team. “From today, Castlestone continues to operate as normal. The FSA visit has had no effect on either the funds managed by Castlestone domiciled in the British Virgin Islands or the UCITS funds domiciled in Ireland and all funds remain open for trading and will accept subscriptions and redemptions as per normal. “The funds...
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