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RNS Number : 7520F

Sanne Group PLC

17 July 2019

17 July 2019

Sanne Group plc

JFSC Settlement

Sanne Fiduciary Services Limited ("SFSL"), a subsidiary of Sanne Group plc, has today reached a settlement with the Jersey Financial Services Commission (the "Commission") in relation to a historical failure to remediate certain issues in the Jersey business within an agreed timeframe.

A public statement has been published on the Commission's website today, which recognises that the company engaged openly, proactively and co-operatively with them on the matter and that no party suffered losses from this historical failure, which has since been remediated.

SFSL is pleased to have resolved these discussions with the Commission and have reached a mutually acceptable settlement, which is not expected to have any material impact on the group.

Enquiries

 
 Tulchan Communications LLP    +44 (0) 20 7353 4200 
 David Allchurch 
 David Ison 
 

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(END) Dow Jones Newswires

July 17, 2019 02:00 ET (06:00 GMT)

Grafico Azioni Sanne (LSE:SNN)
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Grafico Azioni Sanne (LSE:SNN)
Storico
Da Gen 2020 a Gen 2021 Clicca qui per i Grafici di Sanne