Tagged: financial services and markets act

Brief: Peer to Peer Platform, eMoneyUnion, Confirms Regulatory Status of Crowdfunded Consumer Secure Loans

November 28, 2014 @ 10:16 am By Samantha Hurst |

Since launching its peer to peer platform for consumer secured loans, there has been press and in-depth regulatory dialogue, leading to re-confirmation, to all borrowers and lenders that eMoneyUnion do not carry out FCA regulated mortgage activities. The loans originated and transacted on the platform… Read More

Read more in: General News | Tagged emoneyunion, fca, financial services and markets act, land registry, mortgage, p2p, peer to peer, regulations

FCA Accused of Gagging Social Media Use with Equity Crowdfunding

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

Read more in: Global, Opinion, Politics, Legal & Regulation | Tagged barry james, chris moss, fca, financial conduct authority, financial services and markets act, fsma, regulations, social media, stephen hazell-smith, the crowdfunding centre, united kingdom