The UK Financial Conduct Authority confirmed that ePayments Systems Limited, an authorized electronic money issuer, has entered special administration. Mark Boast and Allister Manson of Opus Restructuring LLP have been appointed as joint special administrators. The administrators will manage customer claims and seek to return customer funds where possible. The firm remains authorized under the Electronic Money Regulations 2011, and the FCA will engage with the administrators. Customers should remain alert to fraud and verify any unexpected contact claiming to be from the firm, the administrators or the FCA.
UK Financial Conduct Authority confirms ePayments Systems has entered special administration
The UK Financial Conduct Authority confirmed that ePayments Systems Limited has entered special administration, with two Opus Restructuring partners appointed as joint administrators. They will manage customer claims and seek to return funds where possible, while the firm remains FCA authorized.