FCA statement on Quindell PLC

The Financial Conduct Authority (FCA) notes the statements issued this morning by Quindell PLC. The FCA can confirm that it has commenced an investigation into Quindell PLC under the Financial Services and Markets Act 2000 in relation to public statements made regarding Quindell’s financial accounts during 2013 and 2014.

The FCA will liaise with other agencies regarding these matters as appropriate.

Given the existence of an investigation, the FCA will not be providing further comment.