-
UK Treasury Committee Requests Regulators to Consider Risks and Opportunities of Crowdfunding
06/01/2016The Treasury Committee of the UK Parliament announced that Andrew Tyrie MP, Chairman of the Treasury Committee, had written to Financial Conduct Authority and the Prudential Regulation Authority requesting further information about the risks and opportunities presented by crowdfunding (also known as peer-to-peer lending). The letter to the FCA focuses on conduct risk and consumer protection and the letter to the PRA requests information about the resilience of crowdfunding platforms to economic stress.
View the letter to the FCA.
View the letter to the PRA.
Financial Regulatory Developments Focus