The Financial Conduct Authority (FCA) has announced an investigation into Market Financial Solutions Limited (MFS).
The regulator has launched the enforcement investigation after MFS entered administration on 25 February.
MFS is an Annex 1 business, which is solely registered with and supervised by us for its compliance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Annex 1 registered firms are not authorised or subject to wider FCA regulation.
