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FCA fines and bans former LCF director over misleading financial promotions

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Published on: 13 February 2024
Published by LNB News

LNB News 13/02/2024

Document Information

Issue Date: 13 February 2024

Published Date: 13 February 2024

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

Article summary

The Financial Conduct Authority (FCA) has fined a former director of London Capital & Finance plc (LCF) £31,800 and banned him from working in financial services. Floris Jakobus Huisamen was responsible for compliance at LCF but the FCA found that he recklessly signed off hundreds of financial promotions, which contributed to thousands of investors being misled.

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

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Powered by Lexis+®

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