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FCA rejects all Blackmore Bond complaints
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The regulator has today (6 February) written to those who complained about the way it handled the mini-bond saga. Blackmore Bond was an unregulated firm that raised funds by issuing mini bonds. Two regulated firms, NCM Fund Services (NCM) and Northern Provident Investments (NPI), approved the financial promotions for the mini bonds. FCA soft launches £2.5m updated scam register The FCA said it conducted «thorough enforcement» investigations into NCM and NPI and decided that the financial promotions were largely accurate and contained very relevant risk warnings to consumers, so ...
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