Tag Archives: deposit licence

P2P Industry Welcomes Move To Protect Lender Status

No government is perfect. But it’s hard to fault the present administration’s attitude to the peer-to-peer (P2P) lending industry. The government recently announced the beginning of legislation that will “clarify that no business borrowing through a peer-to-peer platform needs to be regulated as a ‘deposit taker’ (often referred to as a ‘banking licence’) unless that […]