Probe into 3 auditors over £237m LCF collapse
- Wednesday, 24 June 2020
- Articles
The Financial Reporting Council, the regulator of auditors, accountants and actuaries, has launched investigations into three audit firms over their audits of collapsed mini-bond firm London Capital & Finance plc (LCF).
Read more...FCA kills off marketing of speculative mini-bonds
- Thursday, 18 June 2020
- Articles
The FCA has decided to permanently ban the mass-marketing of speculative illiquid securities, including speculative mini-bonds, to retail investors.
Read more...FSCS sets aside £44m for LCF claims
- Thursday, 21 May 2020
- Articles
The Financial Services Compensation Scheme (FSCS) has blamed potential claims from the London Capital & Finance (LCF) mini-bond scandal for an additional £44m cost in its £649m 2020/21 budget.
Read more...FSCS warns many LCF claims will be rejected
- Tuesday, 05 May 2020
- Articles
The Financial Services Compensation Scheme has warned that it will reject many claims relating to the failed £236m mini-bond firm London Capital & Finance (LCF).
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