'Responsibility and culpability different': Andrew Bailey challenged over LC&F collapse
On Radio 4

Andrew Bailey is the former chief executive of the FCA.
The governor of the Bank of England has apologised again to investors for regulatory failings over the £237m London Capital & Finance investment scandal, despite trying to escape responsibility.
More than 11,600 people had invested a total of £237m - an average of £20,000 each - when LC&F collapsed in January 2019, despite a number of "red flags being missed". Speaking to the BBC Radio 4 Today...
More on Regulation
FOS sets £260m budget for 2021/22 as caseload rockets
Predicts 45% increase in cases
Think tank brands FOS 'unfit for purpose' in damning report
Questions over fairness
Govt committee calls for 'quick and decisive' action to prevent pension scams
'Largely underreported'
Why cybercrime protection is increasingly important for advice businesses
More sophisticated scammers
High Court fines firm's boss over unauthorised WhatsApp investment advice
Restitution of £530,000+
Back to Top
More news
Adrian Boulding: The spectre of negative interest rates
Six months' prep time
Chancellor Sunak unveils plans to support fintech
More sandboxes
IA Targeted Absolute Return sector most viewed by advisers in Q1 2021 - Square Mile
Searches on Square Mile’s Academy of Funds