Tagged: mini bonds

UK Financial Conduct Authority Censures London Capital and Finance in Regard to Mini-Bond Promotions

The UK Financial Conduct Authority (FCA) has censured London Capital & Finance (LCF) for misleading promotions in regard to mini-bonds. The FCA said it did not make sense to assess a financial penalty as LCF is effectively bankrupt and in administration. LCF went into administration… Read More

UK Crowdfunding Industry Concerned About Outcome of Most Recent “Call for Input” that May Impact Investment Platforms

The UK crowdfunding industry is worried that a recent “Call for Input: The Consumer Investments Market” by the UK Financial Conduct Authority (FCA) may undermine the viability of the investment crowdfunding industry. Comments on the process closed on December 15, 2020. The consultation was instituted… Read More

UK Financial Conduct Authority Hits the Breaks on Certain Mini-Bonds

The UK Financial Conduct Authority (FCA)  will ban the mass marketing of “speculative mini-bonds” to retail investors beginning January 1, 2020. The FCA is banning these mini-bond promotions without a consultation by using its “product intervention powers.” The ban will be in place for 12… Read More

UK Crowdfunding Association Schedules Meeting with FCA to Discuss Concerns Over “Quality of Supervision”

The UK Crowdfunding Association (UKCFA) has scheduled a meeting with the Financial Conduct Authority (FCA) as the group is concerned over the “quality of supervision,” according to a report in the Times. The UKCFA is an association that represents the leading equity crowdfunding platforms in… Read More

UK Financial Conduct Authority Sends Letter to Treasury Select Committee Addressing Mini-Bonds

Charles Randell, Chair of the Financial Conduct Authority, has forwarded a letter to Rt Hon. Nicky Morgan MP, Chair of the Treasury Select Committee on London Capital & Finance. The document addressed concerns regarding the issuance of mini-bonds and investor protection concerns – more specifically… Read More

Minister of Economy Gives French Crowdfunding Sector a Boost

The French Minister of Economy, Emmanuel Macron was the guest star of the 3rd annual meeting of the French crowdfunding association. He expressed his commitment to the crowdfunding economy, shared his views on the regulation of innovation, and, to prove his point, announced several significant… Read More

Crowdcube Launches “Mini-Bonds”: Chilango Burrito Bond is First Offer

Crowdcube, the UK based investment crowdfunding platform, has announced a new type of assert for the crowdfunding platforms investors: the Crowdcube Mini-Bond.  Crowdcube now offers three paths to investing online:  equity, venture fund and the mini-bond. The investment crowdfunding platform that has offered only equity… Read More