FSCS pledges LCF probe will continue

The Financial Services Compensation Scheme has pledged that it will continue to review the cases of thousands of victims of the London Capital and Finance (LCF) £236m mini-bond collapse.

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FSCS disappoints nearly 300 LCF investors

The FSCS said today that it cannot help 283 London Capital & Finance victims because they became customers before the firm was authorised in June 2016.

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Editor’s Comment: MPs misplaced over demand for FCA CEO's head

Somewhat predictably a group of MPs have this week called on FCA chief executive Andrew Bailey to resign over the £236m London Capital and Finance mini-bond mess.

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FSCS ‘sorry’ for failed £236m mini-bond confusion

The Financial Services Compensation Scheme has apologised to potentially misled clients of the failed London Capital and Finance (LCF) mini-bond.

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