The FCA has stopped Independently East Ltd from operating because they did not communicate properly with the regulator.
The FCA has taken action against Independently East. Which means that their bank accounts have been frozen. They can no longer provide any services related to investments, and their permission for regulated activities has been canceled.
It is concerned about the company’s ability to be supervised and have the necessary resources, and has not provided the regulator with information about their clients, finances, or payment they were due to make.
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