The Financial Conduct Authority has published a consultation paper in respect of its proposed regulatory approach to crowdfunding and similar activities: see here (pdf). Responsibility for this area moves to the FCA from 1 April 2014 and its paper sets out the rules the FCA intends to apply to loan based and investment based crowdfunding.
Friday, 25 October 2013
UK: FCA consultation paper - the regulatory framework for crowdfunding
The Financial Conduct Authority has published a consultation paper in respect of its proposed regulatory approach to crowdfunding and similar activities: see here (pdf). Responsibility for this area moves to the FCA from 1 April 2014 and its paper sets out the rules the FCA intends to apply to loan based and investment based crowdfunding.
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