Steven Knight / Castle Trust and Management Services Ltd
Steven Knight: From Industry Guardian to Bankrupt
Steven Knight, once a self-styled guardian of Gibraltar’s pension sector and the founder of Castle Trust & Management Services (CTMS), is now bankrupt. For years, CTMS served as security trustee for mini-bond schemes and QROPS pension transfers. Many of which collapsed, leaving investors nursing heavy losses. Despite collecting trustee fees, CTMS consistently failed to act…
Read MoreCastle Trust & Management Services – in Liquidation
The Confetti that was Security for Loan Notes Investigations have uncovered that Castle Trust and Management Services – in Liquidation (CTMS) – engaged in shady business practices. The Administration order made in May 2023 and subsequent Liquidation of the company later in 2023 have exposed some alarming business and administration practices of Steven Knight. Back…
Read MoreGibraltar Financial Services Commission (GFSC) – Did they fail Loan Note Holders?
As a loan note holder, you may have placed your trust in regulatory bodies such as the Gibraltar Financial Services Commission (GFSC) to safeguard your interests. After all, the GFSC confirmed that Castle Trust and Management Services Limited (CTMS) was authorised to conduct regulated activities under the Financial Services Act 2019, including acting as a…
Read MoreGibraltar Financial Services Commission (GFSC) – 100% Asleep at the Regulatory Wheel
Faith in Regulations Insolvency & Law (I&L) recently received confirmation from the Gibraltar Financial Services Commission (GFSC) that Castle Trust and Management Services Limited (CTMS) was formally approved to carry out regulated activities under the Financial Services Act 2019. GFSC have confirmed to Insolvency & Law (I&L) that: “Castle Trust and Management Services Limited (“CTMS”)…
Read MoreCastle Trust & Management Services Ltd (in Liquidation) – An Update on the Liquidation with PwC Appointed Liquidators
Insolvency & Law Ltd sits on the Creditors Committee for the Administration and now Liquidation of Castle Trust & Management Services Ltd (CTMS). Our dedication to advocating for the HSG Loan Note Holders and other related parties remains steadfast. Despite facing numerous challenges and occasional detours. Our Commitment and Challenges From the onset, we have…
Read MoreGibraltar Financial Services Commission – asleep at the regulatory wheel or driving without due care?
The Gibraltar Financial Services Commission (GFSC) remains silent on the ongoing issue of Castle Trust and Management Services Ltd (CTMS), now in liquidation. This lack of communication suggests the GFSC is either unwilling or unable to provide meaningful direction or assistance to the victims of CTMS. Gibraltar is supposed to be a safe haven for…
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