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London Capital & Finance creditors could get back just 10%

Victims who lost their money following the collapse of mini-bond provider London Capital & Finance (LCF) in 2019 may receive as little as 10% of the funds owed to them, administrators have confirmed. ....

North Sea , Oceans General , Michael Thompson , Serious Fraud Office , Financial Services Compensation Scheme , Evelyn Partners , Independent Oil , London Capital Amp Finance ,

FCA chief: We will continue to learn from our mistakes

The regulator will continue to learn lessons from its past mistakes and focus on improving operations to benefit consumers and financial markets, Financial Conduct Authority (FCA) chief executive Nikhil Rathi has said. ....

City Of , United Kingdom , Richard Lloyd , Gloster Review , London Capital , London Capital Amp Finance , Gloster Review , Nikhil Rathi ,

FCA says lagging service levels due to 'breaches'

The Financial Conduct Authority (FCA) pointed to breaches earlier in the year as a reason it expects not to meet the service levels for certain areas of authorisations in 2022, according to its latest update. ....

City Of , United Kingdom , Gloster Review , London Capital , Senior Managers , Certification Regime , London Capital Amp Finance ,