FSCS compensates 258,000 customers of failed firms
- Thursday, 09 July 2020
- Articles
The FSCS paid over 258,000 customers who had suffered losses from 874 failed financial services firms in 2019/20, predominantly using levies from over 49,000 regulated firms.
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).
Read more...FSCS pledges LCF probe will continue
- Tuesday, 31 March 2020
- Articles
The Financial Services Compensation Scheme has pledged that it will continue to review the cases of thousands of victims of the London Capital and Finance (LCF) £236m mini-bond collapse.
Read more...