Irregularities mean that Keydata will not be sold as going concern, PwC

"As a result of these issues, we are unable to sell the whole business as a going concern," says PwC. "We will now be looking to sell the business that provides services in relation to third party products and are in talks with interested parties on this point. In the meantime the joint administrators, the UK Financial Services Authority (FSA), and a group of banks to which KIS provides account management and administrative services, including Credit Suisse, Morgan Stanley and HSBC, are working

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: