Tagged: lord turner

View from the UK: Why the Alternative Finance Industry Needs Greater Regulation

March 18, 2016 @ 8:18 pm By Louise Beaumont |

The global alternative finance industry has undergone staggering growth in recent years. In 2015 combined market activity in the UK grew 84% from £1.74bn the year before to £3.2bn. Around 20,000 SMEs raised approximately £2.2bn in funding through online channels, representing a year-on-year growth… Read More

Read more in: Featured Headlines, Global, Opinion, Politics, Legal & Regulation | Tagged ezubao, fraud, funding options, gli finance, lord turner, louise beaumont, marketplace, p2p, peer to peer, perspective, regulations, trustbuddy, uk, united kingdom

Former FSA Chair Lord Adair Turner Warns About Peer to Peer Lending. Industry Leaders Disagree

February 10, 2016 @ 10:09 am By JD Alois |

In an interview today on BBC, Lord Adair Turner, former Chair of the FSA (predecessor to the FCA), shared his opinion on banking and the financial industry in general, including a discussion on the burgeoning peer to peer lending sector. Lord Turner, it appears, is… Read More

Read more in: Featured Headlines, Global, Opinion | Tagged bbc, christine farnish, gli finance, lord turner, louise beaumont, marketplace, p2p, p2pfa, peer to peer, perspective, uk, united kingdom