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Timeline of the collapse of London Capital & Finance

The Treasury Committee's inquiry into the collapse of the mini-bond firm continues

By

Bérengère Sim

Governor of the Bank of England and former head of the FCA Andrew Bailey issued an apology to bondholders after a report found there were “serious failings” over how the FCA regulated LCF
Governor of the Bank of England and former head of the FCA Andrew Bailey issued an apology to bondholders after a report found there were “serious failings” over how the FCA regulated LCF Photo: Jason Alden/Getty Images

The ramifications of the now-collapsed mini-bond investment firm London Capital & Finance are still being felt across the City. As the Treasury Committee scrutinises what led thousands of investors to lose money, Financial News looks back at the scandal’s beginnings.

January 2019

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