The FSC said the Supreme Court order, which was issued on 21 Oct, will enable it to recover unpaid fees.
Marcus Killick, an English barrister who heads the FSC, added: “Whilst we continue to work with our licensees as part of our robust but responsive approach, we take a serious view of firms which do not comply with the relevant statutory and regulatory requirements, including non-payment of fees and will act accordingly.”
Edgar Lavarello and Charles Bottaro of PricewaterhouseCoopers have been appointed as joint liquidators.
