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Most firms off the hit list over millennium bug

Financial services companies are now off the danger list over millennium bug compliance according to the FSA.


The FSA said that by September 30 none of the 400 companies monitored by the authority were still classified as &#34code red&#34 or at serious risk of material disruption.


Seven firms fell within the &#34amber&#34 category but are expected to catch up and meet the deadline set.

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