UK Financial Conduct Authority: Restrictions Imposed On Beaufort Securities Limited (BSL) And Beaufort Asset Clearing Services Limited (BACSL) And Both Firms Are Placed Into Insolvency

Following an urgent application by the Financial Conduct Authority (FCA), the High Court has appointed Messrs Russell Downs, Douglas Nigel Rackham and Dan Yoram Schwarzmann of PricewaterhouseCoopers (PwC) as joint administrators of BSL and joint special administrators of BACSL.