3rd July 2014
The Financial Services Compensation Scheme (FSCS) is now able to start processing claims against City Equities Limited. As mentioned in our November update, the stockbroker firm was placed into the special administration regime on 11 October 2013 and placed in default under FSCS on the same day.
FSCS expects to complete claims it has received to date within the next six months, and may need to contact claimants if more information is needed when assessing claims.
Claimants that are yet to make a claim can contact the FSCS Initial Contact Team on freephone 0800 678 1100 or 020 7741 4100 to request an application form.