The UK Financial Conduct Authority (FCA) today confirmed the entry into administration of Silverbird Global Limited (SGL).
On 13 March 2024, Silverbird Global Limited (SGL) entered special administration under the Payment and Electronic Money Institution Insolvency Regulations 2021. Daniel Conway and Geoffrey Rowley of FRP Advisory Trading Limited have been appointed joint special administrators (JSAs).
SGL provides FX and payment services to corporate clients and is also an Electronic Money Directive (EMD) Agent for The Currency Cloud Limited (TCCL) which can distribute or redeem electronic money (e-money) and provide certain payment services on behalf of an e-money institution. SGL is authorised by the FCA to provide payment services under the Payment Services Regulations 2017 (PSRs).
SGL’s administrators, FRP Advisory Trading…
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