FSCS ‘explores’ compensation for LC&F mini-bond victims

The Financial Services Compensation Scheme has today launched a registration scheme for victims of the £236m failed mini-bond provider London Capital & Finance (LCF) as it “explores possible grounds for compensation.”

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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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Failed £236m mini-bond funds £85k Tory MP's private salary

A firm that marketed a failed bond scheme that lost 14,000 bondholders a combined £236m has been funding the private salary of Tory MP Johnny Mercer.

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Editor’s Comment: LC&F scandal creates headache for FCA

The news this week that the FCA will commission an independent report into its handling of the LC&F mini-bond scandal is not an admission of guilt but it is perhaps the first sign that regulation failed investors who had the misfortune to use this company.

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