The UK Financial Conduct Authority said ePayments Systems Limited (EPS), an electronic money institution, entered special administration on Oct. 15, 2026. Mark Boast and Allister Manson of Opus Restructuring LLP were appointed as joint special administrators. EPS holds an FCA-issued electronic money authorization, and the administrators will handle customer claims and seek to return funds to customers where possible. The FCA said it will remain in contact with the joint special administrators to pursue the best possible outcome for customers. The announcement outlines the next procedural step for the firm and identifies who will oversee customer-related claims during the administration process.
The UK Financial Conduct Authority (FCA) said ePayments Systems Limited (EPS), an electronic money institution, entered special administration on Oct. 15, 2026.
Mark Boast and Allister Manson of Opus Restructuring LLP have been appointed as joint special administrators.
EPS holds an FCA-issued electronic money authorization. The joint special administrators will handle customer claims and seek to return funds to customers where possible. The FCA said it will continue to engage with the administrators in pursuit of the best possible outcome for customers.
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