High Court winds up 7 mini-bond firms

The High Court has wound up seven companies run from an office in Mayfair after an investigation found that their marketing of high-risk mini-bonds was misleading.

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MPs call for culture change at FCA post-LCF

The Treasury Committee has called for a change in culture at the Financial Conduct Authority (FCA) in order to protect consumers and financial markets in its report into the regulator’s handing of London Capital and Finance (LCF).

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Editor’s Column: Could LCF have been spotted earlier?

There is little doubt that in 2018 the FCA’s call centre was in a mess. Demoralised, poorly trained staff were inundated with a barrage of calls from consumers, some of them angry and abusive, even racist and homophobic.

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