Regulations
By Julie Binoche
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FCA Takes Action. Mark Steward, FCA's Executive Director of Enforcement and Market Oversight, didn't mince words.
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Liquidation Process Begins. An appointed liquidator will manage EFG's dissolution, though the FCA hasn't named who that'll be…
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What Happens Next. The liquidation sits in early stages, with procedural steps still pending completion.
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The High Court ordered Equity for Growth Securities Limited into liquidation March 25, 2026.
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EFG operated as principal for several appointed representatives between 2015 and 2020, including Amyma Ltd and Osborne Baldwin Ltd, which traded under the Hunter Jones name.
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The regulator's petition emphasized protecting market integrity and consumer interests. EFG's non-compliance created risks across the financial sector, particularly for clients…
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But the FCA won't stop there. On March 30, 2026, the regulator confirmed ongoing investigations into EFG's activities are still running.
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The appointed representatives face uncertainty. Amyma Ltd and Osborne Baldwin Ltd haven't released statements about how the liquidation affects their operations.
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Creditors and stakeholders are pretty much in the dark right now. The lack of detailed disclosures about EFG's obligations and remaining assets adds uncertainty to the closure…
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The FCA issued another statement March 26, 2026, reaffirming its commitment to enforcing regulations that protect markets and consumers.
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Details remain murky. EFG didn't comment on the liquidation order, and there's no word on how much money the firm owes creditors or what assets might be available for distribution.
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The liquidation sits in early stages, with procedural steps still pending completion. Creditors face a waiting game as the appointed liquidator gets to work assessing EFG's…
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Investor complaints that surfaced between 2020 and 2025 revealed problems with how EFG managed its principal duties.
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The silence from Amyma Ltd and other appointed representatives creates additional uncertainty for their clients.
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EFG's case shows the FCA won't hesitate to use its strongest enforcement tools when firms fail compliance standards.
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