The Financial Conduct Authority (“the FCA”) issued a Final Notice against London Capital & Finance plc (“LCF”) for contravening regulatory requirements (pursuant to section 205 of the Financial Services and Markets Act 2000 (“the Act”)). The Final Notice contained a statement censuring LCF for failing to ensure that its financial promotions were fair, clear and not misleading.
United Kingdom, Banking, Capital Markets, Insolvency & Restructuring, Mishcon de Reya LLP, Due diligence, Insolvency, Financial Conduct Authority (UK), Financial Services and Markets Act 2000 (UK)