FCA opens independent review of Connaught Income Fund Series 1

Seven years since fund collapse

Tom Ellis
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The FCA has launched an independent review to establish the lessons the watchdog can learn from its handling of the Connaught Income Fund Series 1 saga
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The FCA has launched an independent review to establish the lessons the watchdog can learn from its handling of the Connaught Income Fund Series 1 saga

Independent reviewers have been appointed by the FCA to establish the lessons the watchdog can learn from its handling of the Connaught Income Fund Series 1 saga.

Raj Parker, a barrister at Matrix Chambers and part time judge and arbitrator, has been appointed to lead the probe, which the Financial Conduct Authority (FCA) expected would last nine months. The...

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