FCA Tells P2P Lenders to Stop Industry Network Lending

The Financial Conduct Authority (FCA) has requested that P2P lenders not lend to each other through industry network lending; the request comes as the regulator continues to increase its oversight and understanding of the industry; in the FCA’s report it says that the industry network lending could be in violation of rules that require deposits for such transactions.  Source

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments