Law firm seeks judicial review of LCF bond debacle

Law firm Shearman & Sterling has applied for a judicial review into the FSCS’s handling of compensation for victims of the £236m London Capital & Finance mini-bond firm.

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Advisers could be hit with extra £46m FSCS levy

The Financial Services Compensation Scheme has warned that there is a ‘high risk’ of a supplementary £46m levy on advisers and providers.

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FCA to ban marketing of controversial mini-bonds

The FCA is to ban the ‘mass marketing’ of speculative mini-bonds following the recent debacle which saw mini-bond provider London Capital & Finance go bust earlier this year owing £236m to 14,000 bondholders.

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FCA’s LCF investigation details revealed

Further details of the Independent Investigation into London Capital and Finance have been revealed by the FCA.

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