I've received a letter in response to an AA application stating that, as of 2nd Jan, things have changed, as a result of a recent consultation. It states:
As a result of a consultation document on advanced assurance, out policy has changed and as of 2nd January 2018 we can no longer consider speculative advance assurance applications. There is now a requirement to include the name and address of the potential investors who have shown an interest in the company.
Full details of this change can be found at VCM 14030 / 35030.
It is annoying as this application was posted before Christmas and should have arrived before Christmas, yet they reply on the 3rd Jan saying the new changes are now in effect.
Im convinced they say on the application so that it overran 2nd Jan.
Did anybody else know about this change? I didn't see anything in the professional press.