Today news
About the same in other media
Talks between Woodford administrator and FCA extended over potential £50m fine
Reading now: 804
Link Fund Solutions, the administrator responsible for the oversight of Neil Woodford’s former flagship investment fund, has been given longer to respond to a draft warning notice from the UK regulator regarding a potential £50m fine for oversight failures.
The Financial Conduct Authority warned Link on 21 September that it could be forced to pay the multi-million pound penalty following a more than three-year-long probe into the circumstances leading up to the suspension of Woodford’s £3.7bn Equity Income fund in June 2019.
Read more on fnlondon.comAbout this in other media
Asos shares plunge as it confirms talks with lenders over borrowing theguardian.com /2 years ago
Joe Biden calls Liz Truss tax cuts a ‘mistake’ as political fallout continues theguardian.com /2 years ago
Hargreaves Lansdown hit by lawsuit on behalf of Woodford fund investors theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
