Government pledges £120m in compensation to scorned LCF investors
One investor defines ‘best outcome we could have hoped for’ as ‘hallelujah moment’
Regulation
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FCA moves to ban adviser convicted of grooming
He was handed a 22-month prison sentence in 2017, suspended for 18 months
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Regulators to change liquidity rules for open-ended funds
BoE and FCA survey finds divergences in funds’ approaches to liquidity management
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FCA snubs calls for independent inquiry into its role in the Woodford scandal
FCA board must ‘show courage and integrity or a charge of coverup or whitewash would not be misplaced,’ say Gina and Alan Miller
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FCA orders Dolfin to stop carrying out regulated activities
Ongoing concern about how wealth manager operates its Tier 1 investor visa business
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FCA director says industry has been ‘inherently contradictory’ on how to tackle FSCS levy
But Debbie Gupta says it would be ‘utterly absurd’ to claim there is nothing UK watchdog could do
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Woodford comeback ‘on the rocks’ after Jersey regulator refuses to be ‘back door’ for relaunch
Announcing his comeback before seeking authorisation has dredged up painful perception that ‘the Channel Islands is a haven for tax-dodging ne’er-do-wells’
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Leigh Day takes first legal steps against Link over its role in Woodford saga
Law firm has issued a letter before action which could see the case taken to the High Court in a matter of months
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Lord Hill review sparks concern over loosening of listing rules
FCA’s job is to ‘balance the understandable desire to foster the next generation of corporate winners with the need to protect investors’
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FCA warned about Woodford’s business as early as 2015
City watchdog failed to act on concerns over Woodford’s investment strategy for two years
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SJP performance tainted by 33% FSCS levy hike as assets close in on £130bn
Wealth manager’s £36.7m levy was a ‘real concern and source of frustration’
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Has the Mifid II research unbundling experiment succeeded or failed?
New moves to rollback on some unbundling for small caps hint at problems
