The Financial Conduct Authority has today published a policy statement and final rules in respect of its regulatory approach to crowdfunding over the internet: see here (pdf). These final rules largely reflect what was proposed by the FCA in its earlier consultation paper although some firms will be subject to capital requirements lower than originally proposed.
Thursday, 6 March 2014
UK: The FCA's regulatory approach to crowdfunding over the internet - policy statement and final rules
The Financial Conduct Authority has today published a policy statement and final rules in respect of its regulatory approach to crowdfunding over the internet: see here (pdf). These final rules largely reflect what was proposed by the FCA in its earlier consultation paper although some firms will be subject to capital requirements lower than originally proposed.
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