We are pleased that the Court has decided to approve the scheme. We understand that LFS expect to start making payments to scheme creditors as soon as possible, if there is no appeal of the Judge’s decision.
Investors voted overwhelmingly in support of the scheme. The small minority have now had their representations fully considered by a judge, who did not agree with their arguments.
The FCA has banned Mr Ari Harris from working in financial services. In July 2020, Mr Harris was convicted of inflicting grievous bodily harm without
National Australia Bank (NAB) failed 345 of its customers at their most vulnerable when they applied for hardship support from the bank, according to documents
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today a Decision on the information that competent authorities must report to them
Craig Buchan and Martin Cooke, former partners of MedDen Financial Services LLP (MedDen), have been fined £6,037 and £6,020 (respectively) and banned by the FCA
The FCA is committed to supporting growth. The financial services sector is the engine of the country’s economy. A successful sector drives prosperity for companies,
The Financial Conduct Authority (FCA) and Financial Ombudsman Service have published a joint call for input to seek views on how to modernise the redress