Treasury to review mini-bond rules after £236m collapse

The Treasury will examine whether mini-bond regulation is fit for purpose after the collapse of £236m London Capital & Finance (LCF) earlier this year.

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MPs call on FCA’s Bailey to resign over LCF mini-bond 'failings'

A cross-party group of MPs has called on FCA chief executive Andrew Bailey to resign over what they see as regulatory failures over the collapse of London Capital & Finance.

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Govt launches probe into FCA's handling of failed £236m firm

The government has today officially launched a probe into the circumstances surrounding the collapse of £236m mini-bond firm London Capital & Finance.

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Bamford: FSCS must shun the ‘casino’ losers

I’ve only been to a casino once in my life. Perhaps fittingly for this story, it was during a business trip to Barcelona with life assurance company NPI, at the very start of my career. I walked into the Casino de Barcelona with a colleague, watched a gentleman lose several thousand pesetas on a spin of the roulette wheel, and promptly walked back out again, feeling a little nauseous at the speed and scale of the loss. James Bond, I’m not.

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