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NEWS: Link could face additional £50M (€56.7M) fine from FCA for liquidity management failures

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). 

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