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    London Capital & Finance

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    • Friday, 3 December, 2021
      Isas
      HMRC eyes hefty fines for Isa rule breaches

      Review follows the collapse of minibond company LCF

    • Wednesday, 23 June, 2021
      Financial Conduct Authority UK
      FCA criticised for lack of accountability in LCF scandal

      MPs rebuke UK watchdog over handling of £237m collapse of mini-bond issuer

    • Monday, 19 April, 2021
      Personal Finance
      LCF investors in line for £120m government compensation

      Treasury to pay bondholders who lost savings when minibond company collapsed

    • Friday, 26 March, 2021
      Andrew Bailey refuses to back down in row with former judge over LCF

      Letters released on Friday show dispute between BoE governor and Dame Elizabeth Gloster simmers on

    • Thursday, 25 March, 2021
      Financial Conduct Authority UK
      UK regulator ‘didn’t understand’ effect of loophole on investors being exploited in LCF scandal

      Senior executive admits to failings over policing ‘toxic interface’ between regulated and unregulated activities

    • Tuesday, 9 March, 2021
      Andrew Bailey
      MPs demand answers from Bank of England governor on LCF ‘contradictions’

      Treasury committee tells Andrew Bailey to clarify whether he pressed former judge to remove his name from report into scandal

    • Monday, 1 March, 2021
      Financial Conduct Authority UK
      FCA executives face pay cuts for LCF failings

      Head of UK watchdog also cuts bonuses over handling of collapsed minibond issuer London Capital & Finance

    • Tuesday, 9 February, 2021
      Judge disputes Bailey account of why he asked not to be named in LCF probe

      BoE head allegedly misrepresented his reasons to MPs about his attempts to have name removed from Gloster report

    • Monday, 8 February, 2021
      Andrew Bailey
      Bailey ‘angry’ at inquiry head’s criticisms over LCF scandal

      BoE governor tells MPs Dame Elizabeth Gloster was wrong and his apology was misrepresented

    • Monday, 1 February, 2021
      UK financial regulation
      Bailey under fire for FCA failures over LCF collapse

      Inquiry head tells MPs current BoE governor did not provide ‘adequate reason’ for lack of protection for investors

    • Friday, 22 January, 2021
      Financial Services Compensation Scheme Ltd
      Financial scam compensation bill to cost £1bn next year

      Rise of 48% in FSCS levy for 2021-22 prompts calls for government action

    • Tuesday, 19 January, 2021
      Investments
      London Capital & Finance investors entitled to payouts, court told

      Judicial review begins into lifeboat fund’s decision to compensate only fifth of customers

    • Sunday, 20 December, 2020
      The FT ViewThe editorial board
      Lessons from an investment scandal

      The FCA should take to heart the failings exposed by the LCF collapse

    • Thursday, 17 December, 2020
      UK financial regulation
      FCA did not ‘effectively supervise’ collapsed mini-bond issuer LCF, says report

      Bondholders ‘were entitled to expect, and receive, more protection’ from UK financial regulator

    • Friday, 11 December, 2020
      High-risk mini-bonds banned by regulator

      FCA makes temporary sanction permanent from January, after London Capital & Finance collapse.

    • Friday, 28 August, 2020
      Mini-bonds
      FCA tests investigator’s patience with delayed disclosures

      Former judge leading probe into handling of LCF scandal tires of regulator’s hold-ups

    • Tuesday, 7 July, 2020
      Due Diligence
      Bookkeeping: auditors in the crossfire Premium content

      The UK’s Big Four accounting firms have until 2024 to separate their audit practices

    • Wednesday, 24 June, 2020
      LexAccountancy
      London Capital & Finance: scrutinising the scrutineers Premium content

      Accountancy regulator Financial Reporting Council announces probe into auditing.

    • Tuesday, 23 June, 2020
      Accountancy
      London Capital & Finance auditors face inquiry over mini-bond scandal

      Three firms signed off books with clean bill of health before LCF went into administration

    • Thursday, 18 June, 2020
      Financial & markets regulation
      UK regulator permanently bans marketing of mini bonds

      High-risk products were at centre of London Capital & Finance scandal

    • Thursday, 7 May, 2020
      Investments
      LCF compensation decision looms

      FSCS could compensate some investors in collapsed mini-bond issuer London Capital Finance

    • Monday, 17 February, 2020
      UK financial regulation
      Most investors in collapsed mini-bond issuer London Capital & Finance still waiting on refunds

      UK compensation scheme has issued payments to 135 out of 11,600 customers

    • Friday, 13 December, 2019
      Correction
      Correction: Grant Walker

      Grant Walker is a representative of some victims of the London Capital & Finance mini-bond scandal, not the representative of all of them as incorrectly stated in an article on December 7

    • Tuesday, 26 November, 2019
      UK financial regulation
      FCA bans marketing of unregulated mini bonds to retail investors

      Year-long ban on promoting products at centre of London Capital & Finance scandal described as ‘nuclear option’

    • Wednesday, 13 November, 2019
      Financial services
      Executive at centre of London Capital & Finance scandal launches legal challenge

      Simon Hume-Kendall takes court action over files he claims are private

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