The Financial Conduct Authority has bitten back against accusations made by the Complaints Commissioner criticising the FCA register's role in the London Capital & Finance’s mini-bonds debacle.

The Treasury has moved a step closer to making the underlying investments in mini-bonds a fully regulated activity to protect consumers after the £237m collapse of mini-bond provider London Capital & Financial (LCF).

The Financial Services Compensation Scheme has warned LCF bondholders about scam emails claiming to be from a director of LCF.

The Financial Services Compensation Scheme (FSCS) has paid out £91.1m to 7,750 LCF bondholders under the government’s compensation scheme in three weeks.