FCA orders APG parent to pay client compensation of £399k
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FCA orders APG parent to pay client compensation of £399k

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The Financial Conduct Authority (FCA) has ordered the owners of Lloyd’s broking firm Alsford Page and Gems (APG) to pay £399,902 in client compensation following a Section 166 review.

This publication revealed in July 2018 the investigation into the boutique brokerage, which has since been folded into sister firm Carrolls by Australian private equity backers PSC.

The

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