FCA has issued a press release on the Supreme Court ruling that Asset Land was operating a collective investment scheme (CIS) without FCA authorisation (see ). FCA reports that it is now in a position to take action to enforce payment of the £21 million by the defendants whose assets remain frozen following the original court proceedings in 2012. FCA does not expect to recover the full amount ordered but will be contacting known investors on an individual basis. (Source: FCA updates on Asset Land enforcement)