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FSCS pledges LCF probe will continue

The Financial Services Compensation Scheme has pledged that it will continue to review the cases of thousands of victims of the London Capital and Finance (LCF) £236m mini-bond collapse.

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Law firm seeks judicial review of LCF bond debacle

Law firm Shearman & Sterling has applied for a judicial review into the FSCS’s handling of compensation for victims of the £236m London Capital & Finance mini-bond firm.

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FSCS makes first payouts of £2.7m to LCF victims

The Financial Services Compensation Scheme said today it has made the first pay-outs - totalling just under £2.7m - to 135 victims of the LCF mini-bond firm collapse.

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FSCS disappoints nearly 300 LCF investors

The FSCS said today that it cannot help 283 London Capital & Finance victims because they became customers before the firm was authorised in June 2016.

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