UK SFO continues to investigate London Capital & Finance dealings
The SFO continues to investigate the dealings of London Capital and Finance Plc (LCF) and associated companies.
The SFO continues to investigate the dealings of London Capital and Finance Plc (LCF) and associated companies.
As at 23 August 2021, the FCA had responded to 98% of the 1,106 London Capital & Finance (LCF) complainants.
The UK Treasury Committee slams the FCA for the way it handled the case of London Capital and Finance plc (LCF).
The LCF Compensation Scheme is set to compensate bondholders who suffered losses after investing in London Capital & Finance.
The UK government will establish a scheme that provides 80% of LCF bondholders’ initial investment up to a maximum of £68,000.
Today, the UK Serious Fraud Office (SFO) closed the London Capital & Finance (LCF) questionnaire, after getting 3,825 responses.
FSCS has now paid out just over £56.3 million in compensation to London Capital & Finance bondholders who held 3,815 LCF bonds.
Andrew Bailey has to explain the concept of culpability with regards to the regulatory supervision of LCF.
FSCS has now paid out just over £56.3 million in compensation to 2,878 London Capital & Finance (LCF) bondholders.
Andrew Bailey gets slammed for asking author of London Capital & Finance report to delete the reference to individual responsibility.