Treasury launches investigation into London Capital & Finance

Will also assess FCA's actions

Tom Ellis
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Dame Elizabeth Gloster will lead an independent investigation into the collapse of investment and mini-bond firm London Capital & Finance
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Dame Elizabeth Gloster will lead an independent investigation into the collapse of investment and mini-bond firm London Capital & Finance

HM Treasury has revealed Dame Elizabeth Gloster will lead an independent investigation into the collapse of investment and mini-bond firm London Capital & Finance (LCF).

The former Court of Appeal judge will report her findings back to the Treasury, including an assessment on how the Financial Conduct Authority (FCA) exercised its powers. The Treasury will also beg...

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