The KIS of life?

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Keydata Investment Services Ltd (KIS) will not be sold as a going concern due to irregularities uncovered by Pricewaterhouse Coopers (PwC), according to a statement made on June 30 by the insolvency administrator appointed by the courts on June 8 at the behest of the UK Financial Services Authority (FSA).

"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-pa

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