The government-backed firm failed to file necessary paperwork with the UK regulator, leading to the withdrawal of its licence.

Notion Capital, a UK-based VC firm backed by the EU-owned European Investment Fund and UK government-owned British Business Bank, has been stripped of its licence, the Financial Times reported yesterday. Notion lost its licence in January 2017 after failing to react to several warnings about unfiled paperwork sent by Financial Conduct Authority (FCA) to the…

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