By Elizabeth Hearst for AMLi
The Financial Conduct Authority has warned that Link Fund Solutions Ltd. (LFS) could face a multi-million pound fine from the regulator over its liquidity management failures.
The FCA confirmed it had issued LFS with a draft warning notice of a fine for its role in overseeing the now defunct Woodford Equity Income Fund (WEIF).
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
