The Special Administrators of SVS Securities today published their final progress report to creditors and clients. This final progress report covers the period from 5 February 2023 to 30 March 2023.
The special administration is being concluded and the company is being moved from special administration to dissolution. The Administrators have applied to cancel SVS Securities’ FCA registration.
The Administrators confirm that, other than a very small number of exceptions (8 Clients), the full Custody Asset and Client Money entitlements of Clients have been returned in accordance with the Regulations. For the vast majority of Clients, their Custody Assets and Client Money were returned in accordance…
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