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UK Financial Conduct Authority: Blue Gate Capital Limited Ordered To Pay Connaught Investors £203,007 Date 18/12/2020 The FCA has publicly censured Blue Gate Capital Limited (Blue Gate) and ordered it to pay £203,007 in restitution to investors who lost money investing in the Connaught Income Fund, Series 1 (the Fund).  The Fund, also formerly known as the Guaranteed Low Risk Income Fund Series 1, is in liquidation.  The restitution payments to investors will be made via the FCA. Mark Steward, the Executive Director of Enforcement and Market Oversight at the FCA said: ‘FCA-author...

ADVERTISEMENT ADVERTISEMENT FCA Orders Connaught Fund Operator To Repay Investors Law360, London (December 18, 2020, 12:37 PM GMT) -- The Financial Conduct Authority said Friday that it has ordered Blue Gate Capital to repay £203,000 ($275,000) to investors who lost money when the unregulated Connaught Income Fund collapsed, as the regulator "publicly censured" the operator of the fund. The FCA said it found that Blue Gate Capital Ltd., which is authorized by the City watchdog, had breached its rules by failing to carry out proper checks on the Connaught Income Fund Series 1 before taking ov...

FCA orders Blue Gate pay £203k to Connaught investors Lost money through a UCIS Blue Gate became fund operator on 25 September 2009, taking over from Capita Financial Managers (CFM), and remained operator until the fund went into liquidation on 3 December 2012. The Financial Conduct Authority (FCA) has ordered Blue Gate Capital Limited to pay £203,007 to savers who lost money investing in the Connaught Income Fund. The fund, which was formerly known as the Guaranteed Low Risk Income Fund Series 1, was an unregulated collective investment scheme (UCIS) that opened in March 2008, providing sh...

Actually required. he fears that the already opaque sales won't end, they'll just go underground. what was it like being pushed away? >> i'm a government appointed inspector, and it's our mandate to see the welfare of those animals. they don't belong to national parks. they belong to the people of africa. >> now we've got the coordinates. animal rights activist and park sources told us just beyond this blue gate elephants were left behind and were getting prep today be sent away. it's not possible to come in now to have a look? >> for all the clients who will come here they are cleared by the ...

Will i be yoon border is getting ugly. in this frontier bottle neck thousands of refugees, most of them egyptian migrant workers all fleeing the fighting in libya, waving signs to the united nations in a desperate plea for help. the tunisian military and police struggling to keep matters under control, sometimes beating back refugees who try to jump the fence. look at this mess here on the border. that green flag signifies the end of libyan territory. and right over here, this is the red flag of tunisia. and behind this gate over here, this blue gate, is the no man's land in between where you ...