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 ...

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