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A detailed set of amendments to the Financial Services and Markets Bill (FSMB) were tabled by Lord Lilley on 23 January 2023, promoting enhanced accountability for the U.K.’s financial...
London Capital & Finance investors start legal battle for payout - reports FSCS decision to reimburse fifth of customers challenged A judicial review case on behalf of LCF bondholders began virtually at the High Court Investors who lost more than £200m in the London Capital & Finance (LCF) savings scandal have begun a legal battle after being refused a payout by the Financial Services Compensation Scheme. According to a report from Yahoo! Finance, the judicial review case on behalf of LCF bondholders began at the High Court on Tuesday (19 January). Lawyers acting for four of LCF's 11,600 cus...