MPs call on FCA’s Bailey to resign over LCF mini-bond 'failings'
- Wednesday, 12 June 2019
- Articles
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.
Read more...Govt launches probe into FCA's handling of failed £236m firm
- Thursday, 23 May 2019
- Articles
The government has today officially launched a probe into the circumstances surrounding the collapse of £236m mini-bond firm London Capital & Finance.
Read more...Bamford: FSCS must shun the ‘casino’ losers
- Tuesday, 21 May 2019
- Comment
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.
Read more...FSCS ‘sorry’ for failed £236m mini-bond confusion
- Wednesday, 08 May 2019
- Articles
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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