The UK Financial Conduct Authority reported that authorized brokerage firm ITI Capital Ltd has entered special administration. Duncan Perring and David Soden of Teneo Financial Advisory Ltd were appointed as special administrators and are responsible for managing the firm’s affairs under insolvency law. ITI Capital, which helped customers invest in shares and bonds and held their investments, had agreed in August 2025 to stop most regulated activity in the UK and overseas and to stop accepting new client money or custody assets. The firm remains FCA-regulated, and the authority will work with the special administrators on outcomes for customers. Customers should direct questions about the administration to Teneo and remain alert to cloned-firm scams.
2026-09-25Financial Conduct Authority
UK Financial Conduct Authority reports ITI Capital has entered special administration
The UK Financial Conduct Authority reported that ITI Capital Ltd has entered special administration, with two Teneo Financial Advisory partners appointed as administrators. The brokerage remains FCA-regulated, while customers have been directed to Teneo and warned about cloned-firm scams.