Financial Crime Financial Crime

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 to the unregulated

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