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FSCS declares Central Markets Investment Management ‘in default’

Maria Nikolova 0 Comments May 30, 2025

The UK Financial Services Compensation Scheme (FSCS) declared Central Markets Investment Management Ltd ‘in default’ on 28 May 2025.

This means FSCS can now pay compensation to customers if they have a valid claim.

The Scheme continues to assess claims on an individual basis.

Central Markets Investment Management Ltd (CMIML) went into creditors voluntary liquidation on 2 July 2024. Dominic Thiel-Czerwinke and Louise Baxter were appointed as joint liquidators.

CMIML was authorised by the Financial Services Authority (FSA) from 1 January 2008 and by the Financial Conduct Authority (FCA) from 1 April 2013. The firm was an investment management company whose services included discretionary fund management.

Maria Nikolova

Maria has been engaged in journalism for more than 17 years, providing Forex industry coverage for the past 10 years. Before joining FNG she was Managing Editor at FinanceFeeds. Prior to that, she worked at LeapRate. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. She has specialized in Cognitive Science in Vienna. Her interests include psychology, AI, and linguistics.