The chair of the FCA has promised to act upon the independent review of how the regulator handled the collapse of London Capital and Finance.

The Treasury is consulting on proposals to make it harder to promote unauthorised financial products via authorised firms.

The Financial Services Compensation Scheme has pledged that it will continue to review the cases of thousands of victims of the London Capital and Finance (LCF) £236m mini-bond collapse.

The FSCS said today that it cannot help 283 London Capital & Finance victims because they became customers before the firm was authorised in June 2016.