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Brief
Summary:
On September 11, 2023, Independently East Ltd (IEL) entered compulsory liquidation following an application made by the Financial Conduct Authority (FCA). The Official Receiver has been appointed as liquidator to wind up IEL for the benefit of its creditors. If you have concerns about investments arranged or promoted by IEL, you can contact the Official Receiver for guidance. The FCA has also taken action against IEL, canceling their permissions to carry out regulatory activities and freezing their accounts.
Investors may have investments held in their own name or through an investment firm, and are advised to contact the investment firm for more information. If you think you have a claim against IEL, you can contact the Official Receiver using the provided contact details.
The Financial Services Compensation Scheme (FSCS) may be able to provide compensation to eligible clients who have lost money due to IEL's actions. If you have an existing complaint against IEL, you do not need to take any action at this time.
Additional information is available on the FCA's website regarding what to do if you are concerned about IEL, how to make a complaint, and how to protect yourself from scams.
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