The Financial Conduct Authority (FCA) has been taking a long, hard look at the peer-to-peer (P2P) lending sector in the light of recent high-profile failures, such as that of Lendy. The latest compliance moves from the FCA have been greeted in tones of shock and horror (see below, a report from our friends at P2P […]
Here’s a question for you. Is the Financial Conduct Authority (FCA) unintentionally offering us investment advice? Consider the proposed new limit on investor exposure to peer-to-peer (P2P) assets. This forms part of a new, sharper focus on the P2P sector, following a number of problems with unregulated investments (completely irrelevant, but linked in some minds) […]
Has the Financial Conduct Authority (FCA) done the peer-to-peer (P2P) sector a favour? The argument runs that the FCA has added scarcity value, and a kind of financial forbidden-fruit glamour, to the P2P sector by proposals that would limit investors’ exposure to P2P assets to 10 per cent of investors’ invested wealth. Our friends at […]
Following last Friday’s News article looking at the forthcoming rule changes to regulation in the peer-to-peer (P2P) lending sector in which Money&co. operates, comes another question: Does FCA regulation make a difference? The jury, according to this article from P2P Finance News (excerpt below) is definitely out on this one. When Lendy collapsed last month, it was […]
Cryptocurrencies, with Bitcoin to the fore, had a very good four weeks to the middle of May, with Bitcoin, the bellwether of cryptos, gaining in value by around 20 per cent. There’s been a retrenchment since then, but general interest in cryptos has been piqued once more. So the following warning from the Financial Conduct […]
Tomorrow and tomorrow and tomorrow… the next loan is set creep in (and apologies for the petty pace)…you guessed it – tomorrow! We’ll divulge full detail and offer commentary then. In the interim, our friends at P2P Finance News report welcome regulatory developments in our space. We run a short excerpt from the article here. […]
There’s good news and bad news for the peer-to-peer (P2P) lending sector ahead of Christmas. The good news is that the publication of a major Cambridge Judge Business School survey of the sector (in which Money&Co. operates) is on time, and will occur ahead of the festive season. The bad news is that the Financial […]
The UK’s top financial watchdog, the Financial Conduct Authority (FCA), is quite rightly keeping a vigilant eye on new and fast-growing areas of finance. Above all, it is looking to safeguard the wellbeing of retail consumers of financial products 9roughly translated as investors and savers). It is also taking the simple and bold step of […]
Crowdfunding is the precocious infant of the financial services world. Which may be why the idea of playing in a “sandbox” to find the right way to regulate us seems so very apt. There will be teething problems for young industries such as debt crowdfunding, specifically peer-to-peer lending, but we believe it is the way […]
As our sector of alternative finance matures, so does the regulation and oversight. The peer-to-peer (P2P) business lending sub-sector of crowdfunding is where we operate, and, with the advent of the Innovative Finance Individual Savings Account (ISA) a lot of attention has rightly been devoted to P2P. It’s right because companies such as Money&Co. will […]