The Financial Conduct Authority (FCA) will make material changes after the independent reviews of its regulation by London Capital & Finance (LCF) and Connaught Income Fund Series 1 and affiliates (Connaught).
The reviews conducted by Dame Elizabeth Gloster and Raj Parker assessed the FCA’s actions, guidelines and approaches in regulating the LCF between April 2014 and January 2019.
The FCA has accepted the nine recommendations, which are intended solely for …
