Tagged: paul smee

The Financial Conduct Authority Updates Rules for Peer to Peer Lending, Boosts Investor Protection Including Cap on Retail Investors

The UK Financial Conduct Authority (FCA) has published a long-anticipated update to crowdfunding rules. More specifically, the FCA has “enhanced” aspects of investor protection for investors participating in peer to peer lending (P2P). Rules for investment crowdfunding, on the other hand, came out largely unchanged…. Read More

UK P2PFA says Over £300 Million Invested in Innovative Finance ISAs at Member Platforms

The UK Peer to Peer Finance Association (P2PFA) has shared that member platforms have seen approximately 28,000 Innovative Finance ISAs (IFISAs) opened representing over £300 million in funds under management by their member firms. IF ISAs have seen “significant take-up” according to the P2PFA. IFISAs… Read More

The UK Financial Conduct Authority Looks to Update Rules for Loan Based Crowdfunding which is “Increasingly Complex,” Opens New Consultation

Investment Crowdfunding Rules Deemed Satisfactory. The UK Financial Conduct Authority (FCA) has finally released its long awaited post-implementation review of crowdfunding regulation. As has been widely rumored for quite some time, the FCA is looking to adjust rules governing loan based crowdfunding, also labeled peer… Read More

Changing of the Guard: Paul Smee Appointed New Chair of the P2PFA as Christine Farnish Steps Down

The UK Peer to Peer Finance Association (P2PFA) has announced that Paul Smee has been appointed as new Chair of the organization. Smee replaces longtime Chair Christine Farnish who is stepping down after a five-year term. The P2PFA said the transition comes at a time when… Read More

Send this to a friend