FCA receives court approval for Asset Land fund distribution
The Financial Conduct Authority has received High Court approval to distribute funds to investors in the Asset Land schemes. Investors must provide bank details by February 20, 2026, and contact information by January 30, 2026.
Court greenlights fund payouts
The High Court formally approved the Financial Conduct Authority's proposals on December 19, 2025, to proceed with the distribution of funds to investors who participated in the Asset Land schemes.
This judicial endorsement allows the FCA to move forward with compensating affected individuals.
The Court has specifically directed the FCA to ensure that payments are made to those investors who submit valid bank account details by the specified deadline.
This marks a significant step in the long-running process to return funds to victims of the Asset Land schemes, providing a clear path for the regulator to execute the compensation plan.
The approval follows extensive work by the FCA to recover and secure assets for distribution, aiming to mitigate the financial impact on those affected by the schemes.
The process is now entering its final phase, contingent on investor cooperation.
Investor action required by deadlines
To receive their entitled funds, investors in the Asset Land schemes must provide valid bank account details to the FCA on or before February 20, 2026.
Furthermore, any investor who has not previously received communications from the FCA or whose contact information is outdated must immediately update their details.
This crucial update, including full name, current and past residential and email addresses, as well as investment specifics (site names, plot numbers, total invested amount), must be submitted by 4pm on January 30, 2026.
Failure to meet this earlier deadline could impact the ability to receive subsequent communications regarding the fund distribution.