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ex LCF CEO jailed for contempt

Michael Thomson, the former CEO of LCF, has been jailed for 6 months for selling restrained luxury items. His assets are subject to restraint proceedings, and he had already received a suspended sentence for...

FCA updates operating metrics

The FCA’s latest set of operating metrics shows new firm authorisations for consumer investments, insurance and wholesale are struggling to meet the new targets, and EMR/PSR authorisation and VOP applications also...