FSCS continues to prepare for LCF compensation payments under UK Gov scheme
FSCS still expects to start London Capital & Finance (LCF) compensation payments under the Government scheme by the end of November 2021.
FSCS still expects to start London Capital & Finance (LCF) compensation payments under the Government scheme by the end of November 2021.
FSCS announces that the total levy for 2021/22 is now £717m, which is lower than the £833m levy announced at the last forecast.
FSCS is administering the London Capital & Finance (LCF) compensation scheme on behalf of the government.
The UK Financial Services Compensation Scheme (FSCS) is now open to claims from customers who invested with AFX Markets Ltd.
The UK Financial Services Compensation Scheme (FSCS) declares 12 firms in default, including FX and CFD broker AFX Markets.
More UK consumers are in line for compensation, as FSCS today announced the latest default declarations.
The UK FSCS says that its investigation into Independent Derivative Traders continues, with the body looking into possible regulatory breaches.
FSCS says it is still in the early stages of investigating whether it would accept claims for compensation from Dolfin clients.
More UK consumers are in line for compensation as the FSCS declared 10 firms in default in April and May 2021.
More UK consumers could be in line for compensation as FSCS declares 11 firms in default in March 2021.