Independent report into FCA's regulation of LCF faces further delay

Delayed until late November

Hannah Godfrey
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"I consider it vital for all concerned that my report is thorough and robust" - Dame Elizabeth Gloster.
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"I consider it vital for all concerned that my report is thorough and robust" - Dame Elizabeth Gloster.

An independent investigation into the Financial Conduct Authority’s (FCA) regulation of failed mini bond firm London Capital and Finance (LCF) will be delayed until late November, marking the report’s second delay.

Assuming there are no further significant developments or delays, the revised date for the completion of the report will be on or before 23 November 2020. The initial delivery date was set for 1...

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