Treasury Committee LCF inquiry urges more 'interventionist' FCA

Regulator faces further pressure in wake of scandal

Mike Sheen
clock • 2 min read

The Treasury Committee has called on the Financial Conduct Authority (FCA) to be more “interventionist” and “proactive” in its approach, following the damning findings of the regulator’s failings in response to the London Capital and Finance (LCF) mini-bond scandal.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

Rathbones review puts FCA client cash crackdown in the spotlight

Rathbones review puts FCA client cash crackdown in the spotlight

Rathbones announcement

clock 17 June 2026 • 5 min read
FCA set to raise market abuse penalties and bring crypto into remit

FCA set to raise market abuse penalties and bring crypto into remit

Minimum fine upped

clock 15 June 2026 • 2 min read
Property Roundtable with Catalyst: The impact of the Building Safety Act on investors

Property Roundtable with Catalyst: The impact of the Building Safety Act on investors

'Major challenges' for the sector

Investment Week
clock 15 June 2026 • 15 min read
Trustpilot