Tagged: fca

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

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