Sector Regulation Sector Regulation

UK financial regulator's LCF supervision was lacking, independent probe finds

By Fiona Maxwell
  • 17 Dec 2020 10:52
  • 24 Feb 2021 04:50
Investors in the failed London Capital & Finance received an apology today from the UK Financial Conduct Authority, which agreed to accept all recommendations from an independent probe that said it did not effectively supervise and regulate the firm.

Elizabeth Gloster, the independent judge leading the investigation following LCF’s collapse, which led to

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