Posts filed under: Regulation

P2PFA Letter to Andrew Bailey (FCA) Re: HC HMT SC appearance

Please see below for the text and pdf version of a letter submitted to Andrew Bailey  CEO of the FCA on 26th July 2016. — Dear Mr Bailey, I write, further to your oral evidence to the House of Commons’...
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FCA’S post-implementation review of crowdfunding rules is a chance to ensure appropriate balance of regulation

160708 – P2PFA statement on post-implementation of FCA’s crowdfunding rulesThe Peer-to-Peer Finance Association has acknowledged the announcement of the Financial Conduct Authority’s post-implementation review of crowdfunding rules as an opportunity to ensure an appropriate balance of regulation protecting investors and...
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P2PFA writes to Treasury Select Committee in response to alternative finance regulation enquiry

Rt. Hon. Andrew Tyrie, M.P., Chairman: Treasury Select Committee, House of Commons, LONDON SW1A 0AA 2 June 2016 Dear Mr Tyrie, I welcome the Treasury Select Committee’s interest in the regulatory approach to risks and opportunities represented by the alternative...
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P2PFA statement on Lending Club

Following the resignation of Renaud Laplanche as CEO of Lending Club in San Francisco, the Peer-to-Peer Finance Association issued the following statement: ‘Peer-to-Peer Finance Association (P2PFA) platforms adopt the highest standards in terms of control and transparency, and the United...
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P2PFA unveils new transparency standards

The P2PFA today unveils new Operating Principles for its members which strengthen standards of transparency, risk management and governance in the P2P lending sector. This will ensure that P2PFA members continue to set the benchmark of good practice across the...
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P2PFA welcomes growth in European P2P lending market

P2PFA welcomes growth in European P2P lending market UK body urges caution ahead of future regulation Following the launch of a new report into alternative finance by the University of Cambridge and EY, Moving Mainstream: The European Alternative Finance Benchmarking...
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P2PFA comments on FCA review into crowdfunding regulatory regime

Following the Financial Conduct Authority’s (FCA) publication: ‘A review of the regulatory regime for crowdfunding and the promotion of non-readily realisable securities by other media’, Christine Farnish, Chair of the P2PFA, said: “The FCA’s review of the peer-to-peer lending industry...
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FCA to Regulate P2P Lending from 1st April

London, 6 March 2014 Peer-to-Peer Finance Association welcomes FCA Regulation The Peer-to-Peer Finance Association (P2PFA) today welcomed the Financial Conduct Authority‘s (FCA) statement on the regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by...
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P2PFA welcomes FCA consultation on regulation

London, 24th October 2013 Commenting on the FCA’s consultation on Peer-to-Peer Lending and CrowdFunding, Christine Farnish, Chair of the Peer-to-Peer Financial Association (P2PFA) said: ‘We welcome today’s consultation by the FCA on the new regulatory regime for peer to peer lending...
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Launch of Peer-to-Peer Finance Association

London, 15th August 2011. Today sees the launch of the ‘Peer-to-Peer Finance Association’, a new UK trade body set up primarily to ensure this innovative and rapidly growing sector maintains high minimum standards of protection for consumers and small business...
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