Tag Archives: FCA review

FCA Ready To Up Surveillance Of P2P Sector

Some 65 peer-to-peer lending platforms have received a letter from the Financial Conduct Authority (FCA) warning them to “act now” to clean up poor practice or face a “strong and rapid” crackdown, The Times reports. For clarity, Money&Co. had a routine and welcome two-day visit from the FCA in early summer. We have not changed our business […]

Building A Better P2P World – Have Your Say And Help The FCA

The UK’s financial watchdog, the Financial Conduct Authority, has published a review of the crowdfunding industry and concluded that tighter regulation was needed for peer-to-peer (P2P) lending. Having read the latest materials, we heartily agree. The FCA states [it has] “observed the variety of loan-based crowdfunding business models, some of which have become increasingly complex. […]

FCA Review Of P2P Gets Industry Welcome – Plus Loan Latest

David Prosser, formerly of The Independent, blogs in Forbes on the Financial Current Authority’s (FCA) current review of peer-to-peer lending. David’s views are always worth listening to, and this article is no exception: “Does Britain’s booming crowdfunding industry really have a problem with investor protection? The unveiling by the Financial Conduct Authority (FCA) of a […]

FCA Review – The Key Points As We See Them

The Financial Conduct Authority (FCA) produced a review of crowdfunding rules last Friday. Below, Jamie Telkman of our credit-analysis team summarises the relevant points from the FCA’s review. The FCA is soliciting the reaction of Money&Co. and other leading crowdfunding platforms to its review. We actively encourage our registered users and lenders to respond to […]