Gibraltar regulator to investigate "deep and serious" Enterprise concerns
The regulator said it has “reason to believe that it may have been significantly and consistently misled about Enterprise’s true financial position”.
The Gibraltar Financial Services Commission (GFSC) has announced a major investigation into Enterprise Insurance Company plc (Enterprise) and its board of directors.
The GFSC said in a statement that it had reason to believe that it may have been significantly and consistently misled about Enterprise's true financial position.
The statement read: "The extent of the financial collapse of Enterprise is unprecedented. Insurance companies must be run in a sound and prudent manner and must safeguard
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