The Financial Conduct Authority’s plans to give firms more notice when deciding whether to announce they are under investigation has been branded as a ‘sensible move’ by the industry.
The FCA said it was also “carefully considering” whether naming a firm would create financial stability risks, as well as the risk of loss of clients or counterparties if an investigation ...
Procaps has also renegotiated key debt-related agreements, resulting in the cancellation of a $5 million junior unsecured subordinated note and a $2.2 million reduction in accounts payable, further ...