All the updated news related to london capital

All the news related to london capital updated in real time

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City

PwC fined £15m for not reporting ‘red flags’ over failed minibonds firm

Accounting giant PwC has been fined £15 million by the financial watchdog for failing to report suspected fraud at failed minibonds firm London Capital and Finance (LCF). The Financial Conduct Authority (FCA) said it was the first time the regulator ...

16 Aug 2024 at 11:45

City

FCA censures ‘unfair and misleading’ promotions for failed £237m bond scheme

The City watchdog has censured collapsed bond scheme London Capital and Finance (LCF) for “unfair and misleading” promotions, but let it off without a fine. The Financial Conduct Authority (FCA) said fining the business would simply divert away ...

11 Oct 2023 at 17:24

Former finance firm CEO spared jail after breaching restraint order on assets

The former chief executive of a collapsed finance firm has been spared jail after spending thousands on luxuries while his assets were restrained under a court order. Michael Thomson, also known as Andy Thomson, had his assets restrained under ...

17 May 2023 at 14:19

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2025

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fca
london capital & finance
pwc

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