The FCA has refined its proposals to ensure the new rules protect consumers and support the P2P market. In particular, additional guidance has been provided to make it clear that platforms will not be prevented from including information about specific investments in their marketing materials.
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The Financial, the UK’s financial. Recently, the regulator introduced rules to protect investors in the P2P sector..
IF Isas were introduced in April 2016 as a tax-efficient. In fact, as of last week and following the recent string of collapses, the FCA has now released new rules aimed at better protecting P2P.
The FCA highlights intervention by platforms to influence loans. we believe it is necessary to strengthen investor protection in a number of areas. We plan to consult next year on new rules to.
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Following consultation, the Financial Conduct Authority (FCA) is introducing rules designed to prevent harm to investors, without stifling innovation in the (peer-to-peer) P2P Platforms. When the FCA set its first rules for P2P, it committed to keep these under review as the sector evolved. These new rules are designed to help better protect investors and allow firms and fundraisers to operate.
strengthening rules on plans for the wind-down of P2P platforms; applying marketing restrictions to P2P platforms, designed to protect new or less experienced investors. The FCA has also clarified the practical implication of these new rules as they apply to P2P agreements;
The UK’s financial regulator, the Financial Conduct Authority (FCA), today announced new rules for peer-to-peer (p2p) lending platforms.. Christopher Woolard, executive director of strategy and competition at the FCA, said: "These changes are about enhancing protection for investors while allowing them to take up innovative investment opportunities.
FCA to introduce new rules for P2P platforms. On 4 June 2019, the FCA confirmed that it is introducing new rules for peer-to-peer platforms. The new rules are intended to protect consumers without stifling innovation in the sector.
Following consultation, the Financial Conduct Authority (FCA) is introducing rules designed to prevent harm to investors, effective as of 9 December 2019. The new rules cover: More explicit requirements to clarify what governance arrangements, systems and controls platforms need to have in place to support the.