Investors in failed mini-bond firm London Capital & Finance (LCF) have withdrawn their judicial review appeal against the Financial Services Compensation Scheme (FSCS).

The speech on transforming to a forward-looking, proactive regulator, delivered by Financial Conduct Authority chief executive Nikhil Rathi at the launch of the FCA’s 2021-22 Business Plan this morning:

The Financial Conduct Authority (FCA) has announced that it will begin a review of the scope and coverage of Financial Service Compensation Scheme (FSCS).

The Financial Services Compensation Scheme has opened the doors to compensation claims against a closed firm which was owned by wealth manager and Financial Planner Succession Wealth.