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The compensation fund is most unlikely to be at risk.

The fact that there is an intervention puts the CF at risk is misunderstood, the casual relationship between an intervention and the CF getting boshed is that so many interventions are triggered by accounts inspections which reveal a short fall in the client account.

As for paying 30p in the £ for wip? I'd say that this overstates the potential value in a fire sale by about 10x.

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