Today we bring you the second part of the excellent, common-sense consumer guide by the UK’s leading financial watchdog by the Financial Conduct Authority (FCA). This is prudent, helpful, and should be compulsory reading for all individuals considering high return investment. In the UK, any firm carrying out a regulated financial services activity must be authorised by […]
Today we take a look at the Financial Conduct Authority’s guidelines for individual investors on how to appraise an investment. The commentary it offers is clear, simple and full of common sense. Here’s the first instalment of a two-stage browse through the FCA guidelines. All investments carry some element of risk but the higher the […]
The latter part of 2019 has seen, quite rightly, a greater focus on the regulation of process and enhancing transparency requirements in the sector following the failure of peer-to-peer (P2P) platforms such as Lendy. Lendy’s failure was linked – completely unfairly – with a number of problems experienced by investors in unregulated investments, notably mini-bonds. […]
New regulations for platform lending, also known as the peer-to-peer (P2P) sector come into effect on Monday. We’ve reported on this several times. Here’s the take from our friends at Crowdfundinsider: The new rules were the result of a review by the UK Financial Conduct Authority (FCA). The UK largely created the entire sector of […]
City A.M. reports on a long-awaited move from the top regulator. Mini-bonds, which have seen too many investors lose a lot of money, are on the way out. Here’s a an excerpt from the report. The Financial Conduct Authority (FCA) today set out to ban the mass marketing of speculative mini-bonds to ordinary investors. The […]
Leading journalist Jeff Prestridge paints a damning picture of the UK’s “supposed financial watchdog”, the Financial Conduct Authority (FCA) in The Mail On Sunday. The essence of the argument is that the FCA could and should do more. The failure to spot the shortcomings of the London & Capital Finance bond offering looms large. We’ll […]
Who should you trust to manage your money? The registered lenders at Money&Co. manage their own assets by choosing to offer capital to carefully vetted small businesses seeking funds for growth. The average return achieved by lenders is over eight per cent, gross of our one per cent fee. The annualised bad debt rate over […]
Following yesterday’s news of a Financial Conduct Authority (FCA) helpline for the peer-to-peer (P2P) sector, come reports that the FCA is concerned about the sectors lack of preparedness for a hard Brexit amongst SMEs. Our friends at AltFi take the story forward. Financial firms not prepared appropriately for a no-deal Brexit may risk an impact […]
The Financial Conduct Authority (FCA), a fine organisation but not necessarily one that’s first with the news, has launched a dedicated helpline for businesses. We let our friends at P2P Finance News tell the bulk of the tale. The City watchdog, which oversees the peer-to-peer lending market as well as the rest of the financial […]
Question: When is advice not advice? Answer: When it comes from the Financial Conduct Authority (FCA). Let’s start with a little context. There’s been a greater focus on the peer-to-peer (P2P) sector from commentators and regulators, following the lamentable failure of the P2P platform, Lendy. Lendy’s collapse was linked – completely unfairly – with a […]