Chris Laverty, Trevor OSullivan and Helen Dale of Grant Thornton UK LLP were appointed as Joint Administrators of MMP Financial Limited on 9 December 2019, and were subsequently appointed as Joint Liquidators on 15 June 2020.

The Joint Liquidators ceased collections activity on 6 November 2020 and are no longer accepting loan applications or payments relating to existing loans. A first and final distribution to unsecured creditors including redress customers was made on 2 December 2020 following the closure of collection operations.

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