Tags: fca

What happens when a P2P company ceases trading?

August 15th, 2014
I was recently asked the following questions: What happened to investors/lenders money when companies listed as ceased trading or suspended or went off line? Do you think there may come a time soon when lenders money is covered by compensation  sche… more »

BeTheLender suspends trading

August 13th, 2014
Be The Lender
The peer-to-peer company Be The Lender has suspended trading.  A message has been posted on their website as follows: Dear All, Be The Lender has currently suspended trading. If you have received repayment notification emails, then there may be a b… more »

Unregulated P2P website shut down

May 9th, 2014
We believe that the Financial Conduct Authority (FCA), acting from information provided by P2P money, has shut down an unregulated peer-to-peer lending website.  The company in question had set-up a peer-to-peer lending site without registering with the… more »

FCA publishes rules for P2P lending

March 6th, 2014
Today the FCA (Financial Conduct Authority) have published the policy statement "The FCA’s regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by other media".  The response was as we had expecte… more »