FCA's supervision of London Capital & Finance to be investigated

'Broad and comprehensive remit'

Sophie King
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The FCA has called for an independent investigation into the issues raised by the collapse of London Capital & Finance
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The FCA has called for an independent investigation into the issues raised by the collapse of London Capital & Finance

The Financial Conduct Authority (FCA) has called for an independent investigation into the issues raised by the collapse of London Capital & Finance (LCF), including its own supervision of the firm.

Last month, Treasury select committee chair Nicky Morgan MP called on the FCA to look more closely into events at the collapsed mini-bond issuer. The MP's call came after four individuals were arre...

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