FCA enlists University of Cambridge to review P2P market

FCA is in process of regulating the market

clock • 2 min read

The Financial Conduct Authority (FCA) has asked the University of Cambridge to help with its work on peer-to-peer (P2P) platforms and crowdfunding.

In particular, it asked research hub the Cambridge Centre for Alternative Finance (CCAF) to analyse the sector on behalf of the university.  Together with the CCAF the FCA will seek to identify any changes to the nature of the industry, consumer expectations, and its place in the financial services landscape. They will also look at whether the area needs tougher regulation. The regulator is planning to tighten due diligence rules for crowdfunding and P2P lending amid concerns over investor risk. It said: "We are currently conducting a post-implementation review of the crowdfunding ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA must be 'more ambitious' on redress modernisation plans - PIMFA

FCA must be 'more ambitious' on redress modernisation plans - PIMFA

Watchdog should reconsider role of FOS and consolidate CMC regulation

Jenna Brown
clock 30 January 2025 • 3 min read
FSCS moves forward with claims against troubled Donre Advisory

FSCS moves forward with claims against troubled Donre Advisory

London advice firm went into liquidation in July last year

Isabel Baxter
clock 30 January 2025 • 2 min read
FCA and lawyers settle illegal care home investment scheme lawsuit

FCA and lawyers settle illegal care home investment scheme lawsuit

Scheme saw £57m taken from 380 investors

Jen Frost
clock 27 January 2025 • 3 min read