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A letter to the FCA: Suspend Regtech Open Project now and demand to see the bank statements

By Tom Winnifrith | Friday 6 October 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I have written to the FCA which on August 25 approved an IFRS non compliant joke prospectus full of red flags allowing the con Regtech Open Project (RTOP) to list on the Standard list. Now there is clear evidence that should see the regulator suspending trading in the shares and demanding a series of bank statements and details of share trades.
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