Mini-bonds

Panorama Attacks FCA over Mini-Bond Failures

This article represents the views of its author and not necessarily those of Sharesoc. The BBC’s Panorama programme last night (on 16/8/2022) did a good job of pointing out the failure of the Financial Conduct Authority (FCA) to prevent fraud on investors in “mini-bonds”. In this case the focus was on the collapse of Blackmore Bond where 2,000 people lost £46m when the company collapsed. But there have been several other similar cases. Mini-bonds are unregulated investments so should only be sold to ...