Tagged: fca

August 11, 2014 @ 12:32 pm By JD Alois  |  

The Financial Conduct Authority has just released their guidance consultation on social media use within the financial industry and some crowdfunding industry followers remain concerned about the direction the document is taking. Sharon Flaherty, founder of boutique content marketing consultancy BrandContent, shared her opinion on… Read More

August 6, 2014 @ 10:48 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published their much anticipated guidance consultation on usage of social media by the financial industry.  Specifically in regards to promotion of services and offerings.  The publication is open for comments by interested parties until November 6, 2014.  The regulatory… Read More

July 18, 2014 @ 8:03 am By JD Alois  |  

The Financial Conduct Authority (FCA), the UK regulatory body entrusted with the operations of the securities industry, has released a statement declaring the retail banking industry “does not meet the needs of personal consumers or small and medium enterprises (SMEs)”. It should be noted that… Read More

July 17, 2014 @ 11:35 am By JD Alois  |  

Study by LendInvest reveals 80% of consumers are unaware fast-growing industry is now regulated by FCA. According to a report by LendInvest, four in five consumers don’t know peer-to-peer (P2P) finance is regulated by the Financial Conduct Authority (FCA) despite the massive growth of alternative… Read More

July 15, 2014 @ 7:26 pm By Barry James  |  

What has been called a “Terrifying Misuse of Legislation” was debated Thursday at the Westminster Crowdfunding Forum where it was unanimously agreed that it’s essential to tackle an over regulation of social media which is threatening both the Crowdfunding industry and the individual liberties of… Read More

July 14, 2014 @ 7:00 pm By JD Alois  |  

  According to a release by the CrowdfundingCentre, a briefing and submission to Ministers handed to Treasury officials documents how the FCA (Financial Conduct Authority) is abusing legislation created before the social web existed to gag its use with equity crowdfunding. The report states the… Read More

July 8, 2014 @ 9:19 am By JD Alois  |  

The Financial Conduct Authority (FCA) has published an interim report on domestic cash savings market. This is part of a broader study that commenced in October 2013 under their “competition objective focused on the cash savings market”.  The FCA wants to assure that competition is… Read More

June 26, 2014 @ 7:17 am By JD Alois  |  

ShareIn Provides Equity Investment from £40,000 to £1m for UK Companies. UK based ShareIn, an investment crowdfunding company launched in 2012, has been authorised by the Financial Conduct Authority (FCA) to operate its equity based platform into the wider UK private investor market. Simultaneously the company… Read More

June 24, 2014 @ 10:55 am By Samantha Hurst  |  

Volpit, the UK’s new startup investment platform has officially launched today. Crowdfund Insider earlier announced they had gained full authorization from the Financial Conduct Authority (FCA). By law, businesses can only conduct regulated financial service activities in the UK if they are authorized by the… Read More

June 6, 2014 @ 8:37 am By Barry James  |  

Crowdfunding Sees Growing Regulatory Support. “We are now looking for areas where the system itself needs to adapt to new technology or broader change – rather than the other way round. We want to ensure that positive developments, the ones that promise to improve the lives of… Read More

May 29, 2014 @ 11:04 am By Samantha Hurst  |  

Innovative firms, particularly smaller startups, will be offered the change to work with the FCA while developing new technologies and approaches to ensure they are compliant with regulations from the moment they go live said FCA chief –executive Martin Wheatley earlier today. While speaking at… Read More

May 13, 2014 @ 9:47 am By Georgia Quinn  |  

United Kingdom & the United States See Incredible Growth in Peer to Peer Lending Industry. With all of the hype around equity crowdfunding the silent counterpart of peer-to-peer lending has been quietly growing into a significant and disruptive industry. In fact, some industry followers expect… Read More

May 13, 2014 @ 7:39 am By JD Alois  |  

According to a recently published survey, “frustrated” savers are looking to peer-to-peer (P2P) platforms for higher rates of interest than those offered by banks – but want reassurance over the risks before they invest, a UK survey has found. The survey of over 2,000 people,… Read More

May 13, 2014 @ 7:15 am By JD Alois  |  

It is being reported that the Financial Conduct Authority (FCA) in the United Kingdom is going to offer clarification  regarding the difference between “online guidance services” and regulated investment advice.  The report from the FCA is expected to be published next month.  The forthcoming report… Read More

May 8, 2014 @ 10:07 pm By JD Alois  |  

Bondora based in Tallinn, Estonia, has become authorized by the Financial Conduct Authority (FCA) in the United Kingdom.  Bondora, previously called isePankur until this past April, is a peer to peer (P2P) lending platform.  The company describes themselves as an “advanced marketplace for experienced investors… Read More

April 25, 2014 @ 4:32 pm By Barry James  |  

Puzzling, is it not, that two of the world’s leading exponents can have such different perspectives on equity crowdfunding as Crowdcube and Seedrs. Similarly people often inquire about my own views and that of The Social Foundation – which seem to be almost polar opposites… Read More

April 16, 2014 @ 8:51 pm By Georgia Quinn  |  

Seedrs set the record straight today stating that they “believe the rules the FCA adopted strike an effective balance” and were acceptable. The Seedrs post titled “Welcoming the New FCA Crowdfunding Rules“, states that in addition to being the first UK regulated crowdfunding platform, as… Read More

April 16, 2014 @ 9:31 am By JD Alois  |  

Equity crowdfunding platform Crowdcube has  been supportive of the new Financial Conduct Authority’s (FCA) regulatory approach to crowdfunding.  There is a fine line to walk in applying regulations to a new, emerging industry.  Any student of the political process will be able to site examples… Read More

March 31, 2014 @ 8:00 am By Georgia Quinn  |  

Fresh from my trip across the pond, I can tell you I have seen the light. Crowdfunding can and is working and we (the United States) are behind the eight ball on this one. When describing the US regulatory regime to crowdfunding professionals in the… Read More

March 20, 2014 @ 8:08 am By Georgia Quinn  |  

Speaking with CEO Jeff Lynn at Seedrs’ headquarters in the Silicon Roundabout (as opposed to the Valley or the Alley) of London was like speaking with a member of the same tribe. Both being attorneys, we spoke the same language, and it was clear that… Read More