News
16/11/2009 - Keydata in default
Keydata Investment Services Limited (in administration) (Keydata) is in default. This means the FSCS can start sending application forms to customers of the firm, and consider claims for compensation.
Keydata was placed into Administration on 8 June 2009, and since then the FSCS has been working closely with the firm’s Administrators (PricewaterhouseCoopers), the Financial Services Authority (FSA) and HM Revenue and Customs (HMRC), to understand the full implications of the failure of the firm for its customers.
A number of complicated legal issues surrounding Keydata have prolonged this process. The FSCS has identified two categories of potential claims.
or the Administrators website -
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