Tagged: financial conduct authority

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

October 24, 2013 @ 1:37 pm By JD Alois  |  

The Financial Conduct Authority is proposing to alter their approach to regulation regarding firms which operate investment crowdfunding platforms.  With the UK crowdfunding market standing at about £360 Million today, this new market and associated asset class is poised to boom exponentially.  The vast majority… Read More

October 24, 2013 @ 8:48 am By JD Alois  |  

The Financial Conduct Authority (FCA), the United Kingdom regulatory agency which has oversight on crowdfunding, has released their comments on regulating the crowdfunding industry.  This includes both debt based and equity based crowdfunding. On 1 April 2014, the FCA is taking over the regulation of… Read More

September 18, 2013 @ 6:11 am By Julia Groves, Chair UKCFA  |  

Crowdfunding, and in particular crowdinvesting, is the result of deep dissatisfaction, anger even, at where our financial services industry has delivered us today. The financial crisis brought people onto the streets in protest at the behaviour and lack of contrition from our mega financial institutions…. Read More

September 4, 2013 @ 10:13 am By JD Alois  |  

Crowdcube Equity Crowdfunding Platform has Raised Over £12 Million to date for 64 Busineses. Crowdcube founders Luke Lang and Darren Westlake ventured off to Downing Street today to meet with British authorities to discuss the equity crowdfunding revolution and realities of today.  Representatives from HM… Read More

August 21, 2013 @ 12:00 pm By JD Alois  |  

In several recent headlines in the UK press there have been statements that “Crowdfunders Face Crackdown”  as latent fear for investor protection creeps into regulatory discussions while equity crowdfunding quickly grows.  In one particular article a Partner at Kuber Ventures commented that; “investors with little… Read More

May 9, 2013 @ 1:00 am By JD Alois  |  

In the ultimate validation of their successful equity crowdfunding platform, UK based Crowdcube has successfully crowdfunded their own company by offering equity in their business.  In a post on the Crowdcube Facebook page they acknowledged having raised £1,500,000 from 259 investors.  The funds were raised… Read More

April 13, 2013 @ 9:53 am By JD Alois  |  

UK based Equity Crowdfunding platform Seedrs has announced hitting their first £1 Million milestone after only 9 months.  This amount represents capital raised for 21 UK based start-ups.  The platform has ramped up quickly with the bulk of funds, £700,000, being raised in the past… Read More

December 14, 2012 @ 3:59 am By iExpats  |  

Crowdfunding for investors putting small sums of cash in to risky business start-ups is likely to be policed by financial regulators under new rules. The government believes that the lack of regulation has held back investors from putting cash in to a business wanting to… Read More