The Financial Conduct Authority published their Consultation Paper on “The FCA’s Regulatory Approach to Crowdfunding”. It was a landmark day in the emerging story of Crowd lending. The FCA has recognised that crowdfunding is beyond the boundaries of any financing arrangements they had ever previously imagined. It is, after all, a ground-breaking industry. The result is really refreshing and extremely positive; the FCA stand on Crowd lending is good for the overall development of the market.
For more information about crowd funding regulation visit www.fca.org.uk/news/cp13-13-regulatory-approach-to-crowdfunding or for more information about alternative sources of business finance follow this link crowdfunding & business loans to read our blog post and see how alternative finance can help grow your business
Useful Info-graphic about how crowd funding works