LCF pay-outs reach £20m as delays go on
- Friday, 28 August 2020
- Articles
The Financial Services Compensation Scheme has paid out just over £20m in compensation to LCF customers, close to a 50% increase since last month.
Read more...FSCS pays out £13.5m to 844 LCF victims
- Friday, 31 July 2020
- Articles
The Financial Services Compensation Scheme has increased the speed it is settling LCF claims and has so far paid out £13.5m to 844 people hit by the collapse of the mini-bond firm.
Read more...Treasury acts to avoid repeat of LCF mini-bond debacle
- Tuesday, 21 July 2020
- Articles
The Treasury is consulting on proposals to make it harder to promote unauthorised financial products via authorised firms.
Read more...Probe into 3 auditors over £237m LCF collapse
- Wednesday, 24 June 2020
- Articles
The Financial Reporting Council, the regulator of auditors, accountants and actuaries, has launched investigations into three audit firms over their audits of collapsed mini-bond firm London Capital & Finance plc (LCF).
Read more...