The devastating human cost of financial scams

[Content warning - this article contains references to suicide]

Lawnmower repair man Ian Davis was one of the victims of the £237m London Capital & Finance (LCF) mini-bond collapse scandal.

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Adviser cancelled for failing to submit returns

Bath-based investment adviser firm Ian Slinger (FRN: 723069) has had its Part 4A permissions to carry out regulated business removed by the FCA due to non submission of required returns.

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Room for improvement on ESG funds says FCA

While most fund managers have made efforts to comply with the regulator’s expectations on the design, delivery and disclosure of their ESG and sustainable funds, more improvements are needed, the FCA says.

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FCA secures Restraint Order against WealthTek

 

The FCA has secured a Restraint Order under the Proceeds of Crime Act 2002 against collapsed Newcastle-based wealth manager WealthTek as a criminal and regulatory investigation continues.

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