FSCS Sets To Compensate Victims of the Botched LCF Scheme
The Financial Services Compensation Scheme has announced that it will launch a compensation scheme to reimburse victims of the failed London Capital & Finance Scheme. The agency…
Posts Tagged: FSCS
UK’s FSCS Starts Accepting Claims against Liberty SIPP
Liberty SIPP Ltd had failed as a company, having been subsequently placed in administration on the 27th of April, 2020. The UK Financial Services Compensation…
Creditors’ Committee Of SVS Securities Gives Distribution Plan Approval
SVS Securities, an investment firm that offered discretionary managed and broker-dealer services, had its special administrators discuss the Distribution Plan. In the end, the plan…
UK’s FSCS Continues Its Investigation In Direct Market Touch
The UK-Based Financial Services Compensation Scheme, or FSCS, has recently published an update in regards to the investigation it is doing of Direct Market Touch…
London Capital & Finance Gets Administration Extension
London Capital & Finance Plc (LCF) joint administrators, Smith & Williamson LLP, have provided an update on matters as it stands now. Extending Due To…
UK’s FSCS Offers Expanded Q&A To Provide Answers Regarding LCF Reimbursements
Shortly after the first version of the UK’s Financial Services Compensation Scheme (FSCS)’s Q&A section was published regarding London Capital & Finance (LCF)’s failure, the…
Special Administrators In AFX Case To Give Report Before Month End
AFX Markets entered into administration in August following trouble with the Financial Conduct Authority (FCA). The regulatory body ordered the firm to cease all activity,…