Home » Training and Competence.. FCA introduces new rules and guidance on how advice should be provided to consumers on pension transfers. The FCA has published new rules on pension transfer advice and is seeking views on additional changes, including adviser charging structures. The new rules and areas for discussion aim to improve the.
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The popularity of peer-to-peer (P2P) lending has increased exponentially in recent years, with nearly 10 billion being transferred through such.
The P2PFA was set up by the market leaders in the UK to establish high standards for the industry and the membership rules mirrored. the FCA, the P2PFA and P2P platform providers. FCA regulation.
FCA introduces new rules for P2P platforms Post By Lewis Contents Controls. higher regulatory Extend general organisational requirements Full willy wonka Meet. source: cannabis Rules protect consumers P2p platforms: key points Following consultation, the FCA is introducing rules designed to prevent harm to investors, without stifling innovation.
Following consultation, the Financial Conduct Authority (FCA) is introducing rules designed to prevent harm to investors, without stifling innovation in the (peer-to-peer) P2P Platforms. When the FCA set its first rules for P2P, it committed to keep these under review as the sector evolved. These new rules are designed to help better protect investors and allow firms and fundraisers to operate.
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The FCA research concluded that: “Consumers often focus on the sale of the primary product, leading many to purchase add-on products that they do not need or understand.” The new rules and guidance are not significantly different to the previous proposals.. New rules for P2P platforms.
FCA to introduce new rules for P2P platforms. On 4 June 2019, the FCA confirmed that it is introducing new rules for peer-to-peer platforms. The new rules are intended to protect consumers without stifling innovation in the sector.
The UK's financial regulator, the Financial Conduct Authority (FCA), has announced new rules for P2P lending platforms. Read on to find out.
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The Financial Conduct Authority (FCA) is introducing new rules for the peer-to-peer (P2P) sector. These new rules are designed to help better protect investors and allow firms and fundraisers to operate in a long-term, sustainable manner, the regulator said. The FCA has refined its proposals to ensure the new rules protect consumers and support the P2P market.
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