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Complaints Commissioner considers FCA actions in relation to independent review into collapse of Connaught Fund

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Published on: 06 May 2020

Published by LNB News

LNB News 06/05/2020

Document Information

Issue Date: 06 May 2020

Published Date: 06 May 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Office of the Complaints Commissioner (OCC) has published its final report (FCA00504), dated 9 April 2020, concerning a complaint made against the Financial Conduct Authority (FCA) in relation to the establishment of an independent review into the collapse of the Connaught Fund. The report also addresses the FCA’s approach to reviewing enforcement processes, appointing an independent reviewer and ex-gratia payments.

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