Tagged: fca

March 12, 2014 @ 9:37 pm By JD Alois  |  

The Peer-to-Peer Finance Association (P2PFA) has welcomed the Financial Conduct Authority‘s (FCA)  regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by other media. In April, peer to peer lending will become fully regulated by the FCA. This is welcomed… Read More

March 7, 2014 @ 2:30 pm By JD Alois  |  

UK Equity Crowdfunding Site CrowdBnk Welcomes FCA’s Response. Commenting on the response to the consultation on the regulatory approach to crowdfunding published by the Financial Conduct Authority (FCA) , Ayan Mitra, CEO of CrowdBnk, an equity crowdfunding platform, stated; “We are pleased to see that… Read More

March 6, 2014 @ 11:52 am By JD Alois  |  

Beginning of New Era for Alternative Financing in UK. The Financial Conduct Authority (FCA) published regulations on crowdfunding to come into force on April 1, 2014.  The FCA   has confirmed new rules for P2P lending platforms due to come into force on 1 April 2014.  Stuart… Read More

March 6, 2014 @ 9:40 am By JD Alois  |  

The Financial Conduct Authority (FCA) in the United Kingdom has released their much anticipated review of regulating the nascent crowdfunding industry.  This includes both the debt and equity categories of crowdfunding. Seedrs, one of the leading equity crowdfunding platforms in the UK, has released their response… Read More

March 6, 2014 @ 9:15 am By Charles Luzar  |  

They’re here. The Financial Conduct Authority (FCA) has published rules governing equity and lending-based crowdfunding in the UK. They are set to take effect on April 1 with a review scheduled for 2016. Christopher Woolard, director of policy, risk and research at the FCA, said, ”We… Read More

March 4, 2014 @ 10:50 am By Charles Luzar  |  

Volpit, an equity crowdfunding platform based in the UK, plans on releasing a report detailing how the Financial Conduct Authority’s new regulatory regime will impact the UK economy and startup investing. The report is set to publish on March 31 and will be called “Enterprise… Read More

February 28, 2014 @ 10:10 am By Barry E. James  |  

Tens of thousands of new UK jobs and many millions in new investment are riding on UK regulators’ ability to come to grips with a changing economy. With regulators in the US and around the world increasingly coordinating their activities, deadlines and announcements, the implications… Read More

February 26, 2014 @ 7:21 pm By Tom McGinn  |  

“Kickstarter is crowdfunding with training wheels.” For many, equity-based crowdfunding is the final stage of crowdfunding’s evolution. The United Kingdom was an early adopter of equity crowdfunding. Less than two months after President Barack Obama signed the JOBS Act in 2012, dubbed the “Crowdfunding Bill”,… Read More

February 20, 2014 @ 10:33 am By Christian Faes  |  

“Glaring Omissions” with FCA Regulations Regarding Due Diligence by Platforms. There is a lot of hype about the future potential of crowdfunding and peer-to-peer (P2P) lending. The United States has shown the huge potential with platforms such as Lending Club and Prosper lending billions of… Read More

December 19, 2013 @ 9:34 pm By JD Alois  |  

Yesterday, December 18, 2013, a debate was held in Westminster Hall regarding crowdfunding.  Labour MP Barry Sheerman led the discussion and described the opportunity as a bit of a Christmas present as this was the first ever debate on the innovative form of financing. The… Read More

December 17, 2013 @ 8:36 pm By JD Alois  |  

Debate Takes Place as Consultation Period Nears End. Members of Parliament (MPs) will be debating the future of crowdfunding at Westminster tomorrow,  Wednesday, December 18, 2013.  The Westminster Hall Debate has been initiated by Barry Sheerman MP, a leading proponent of crowdfunding. Mr Sheerman, chair of… Read More

December 17, 2013 @ 3:00 am By Barry James, The Social Foundation  |  

Green Light the new freedoms of the digital age. The idea of a man having to walk in front of each car on the road waving a red flag to ensure that they didn’t scare the horses has often been the object of a mixture… Read More

December 16, 2013 @ 10:13 am By Charles Luzar  |  

Crowd Valley is a white label crowdfunding service provider providing end-to-end solutions for those looking to launch crowdfunding platforms. The company has now announced a partnership with Sapphire Capital Partners LLP, an FCA-authorized firm specializing in alternative invesments, and specifically EIS and SEIS compliance. This… Read More

December 11, 2013 @ 11:48 am By JD Alois  |  

With the Financial Conduct Authority (FCA) consultation period scheduled to end shortly, CrowdConsent is announcing a simple technology solution to address current proposals to regulate both equity and debt based crowdfunding. The CrowdConsent service allows platforms to demonstrate that they have obtained the informed consent… Read More

December 10, 2013 @ 12:04 pm By JD Alois  |  

In two public letters the UK based Social Foundation and the Crowdfunding Centre openly pose the question, “Is the Government Guilty of Financial Discrimination?” Both letters, reproduced in their entirety below, question  the Financial Conduct Authority’s (FCA) “rush to regulate” the quickly growing crowdfunding industry…. Read More

December 4, 2013 @ 8:52 am By JD Alois  |  

The Financial Conduct Authority (FCA), the United Kingdom’s regulatory entity which has oversight over the booming crowdfunding industry, released a consultation paper (CP) this past October reviewing the new, innovative industry.  The CP is one of a series of consultation papers that will determine their… Read More

December 2, 2013 @ 7:14 am By JD Alois  |  

Equity crowdfunding platform InvestingZone has released a survey where over 1000 active investors not classified as “sophisticated” or “high net worth” (HNW) were queried and found that two-thirds were keen to take more personal control of their own portfolio, with 73 per cent saying they enjoy… Read More

November 25, 2013 @ 8:53 am By JD Alois  |  

Founder warns FCA Over Regulation May Stifle Potential of Crowdfunding. Entrepreneur Karen Darby has launched a crowdfunding site to fund social, environmental and health-related businesses.  CrowdMission will challenge banks and venture capitalists and put investment opportunities in the hands of ordinary people. “CrowdMission is all about… Read More

October 29, 2013 @ 10:05 am By Charles Luzar  |  

The Lane Report | OP-ED: Kent Oyler – Let the 2014 crowdfunding rule games begin Kent Oyler says that initially the cynics are outnumbering the fans when it comes to the SEC’s proposed rules for equity crowdfunding. He postulates that equity crowdfunding will provide a… Read More

October 25, 2013 @ 8:04 am By JD Alois  |  

Assetz Capital, a fast growing Peer-to-Peer lender which has completed £5 Million in loans in their first 6 months, has commented on the FCA’s Consultation Paper on crowdfunding which was released yesterday.  Assetz notes the proposal could force out a significant number of providers but… Read More