Update for ARM investors with claims against Catalyst
3rd December 2013
Since our last announcement, ARM Asset Backed Securities SA was placed into provisional liquidation on 9 October 2013. The provisional liquidators are Mark Shaw and Malcolm Cohen of BDO LLP.
FSCS has been working closely with the Provisional Liquidators to get the information we need to finish our claims process. When this is finished, we can start inviting compensation claims.
We hope to start inviting claims from early 2014. Whatever happens, we will provide a further update on our progress before the end of December 2013.
Investors don't need to take any action at the moment.