
MPs alerted to concerns over Yorkshire Bank Arck investor scheme

Yorkshire Bank has been accused of failing to help investors who lost money in failed property firm Arck, despite setting up a dedicated "support scheme" brokered by the Financial Conduct Authority (FCA), prompting a lawyer to raise the issue with MPs.
Arck used financial advisers to market unregulated ‘sale and repurchase' (SARP) property developments in Cape Verde and Canada, offering high returns with no risk to capital, to approximately 700 investors...
More news
Janus Henderson adjusts pricing approach on £2.8bn Property fund
To promote 'long-term investment'
'Broken platform market' exposed by data from the lang cat
Switching 'hard and expensive'
SJP directed to waive client's exit fees after 'catalogue of errors'
Ombudsman decision
How much does fund size matter?
Smaller funds still packing a punch
Vicki Bakhshi: Five responsible investment themes to watch in 2019
To drive progress
Back to Top