The FCA's call for input signals that the review of the crowdfunding and P2P lending regimes will be far more intensive than the initial review it published in early 2015.
It is the first step in a review of the industry that will also include the FCA analysing market trends and the individual businesses.
Although the regulatory regimes are entirely different - one set of rules for P2P lending (loans involving an individual) and another for investment-based crowdfunding (shares, bonds and funds) - the call for input highlights two common areas the FCA wants to investigate: conflicts of interest and investors' understanding of risk.
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Posted on 08/07/2016 in Legal UpdatesBack to Knowledge