Bonuses for UK regulators on ice pending report on collapsed fund

Britain's Financial Conduct Authority (FCA) said on Thursday it has deferred annual bonuses for top officials until a report on its handling of collapsed London Capital & Finance (LCF) investment fund has been issued.LCF went into administration in early 2019 with 11,600 investors hit with losses totalling up to 237 million pounds.The FCA was ordered by Britain's finance ministry to carry out an independent investigation into the circumstances surrounding the demise of LCF.