Financial Services Financial Services

LCF investors to get UK government compensation following regulatory failings

By Fiona Maxwell
  • 19 Apr 2021 10:18
  • 19 Apr 2021 10:16
London Capital and Finance bondholders will be eligible to receive up to 68,000 pounds ($95,000) for their lost investments through a government-funded compensation program, the UK Treasury said today, in an unprecedented move.
Although the failed investment firm is generally not covered by the UK’s financial services compensation program due

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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