FSCS pays out £473m in compensation over failed firms

The Financial Services Compensation Scheme (FSCS) paid a total of £473m in compensation to 425,760 customers of failed firms during 2018/19, it has been revealed.

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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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FSCS hails 'levy-saving' £300m recovered over 5 years

The Financial Services Compensation Scheme (FSCS) has recovered just under £300m over the past five years from failed financial services firms, it has revealed today.

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FSCS declares 3 financial firms in default

Consumers could be in line for compensation after FSCS declares three firms in default.

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