PS16/8: FCA Handbook changes regarding the segregation of client money on loan-based crowdfunding platforms, the Innovative Finance ISA, and the regulated activity of advising on peer-to-peer agreements

Published: 21/03/2016   Last Modified : 21/03/2016

This policy statement summarises and gives our response to feedback to CP16/4: Loan-based crowdfunding platforms and segregation of client money and CP16/5: FCA Handbook changes to reflect the introduction of the Innovative Finance ISA and the regulated activity of advising on peer-to-peer agreements. We also publish the rules and guidance that will come into force on 21 March 2016 in relation to the CP16/4 proposals and  6 April 2016 in relation to the CP16/5 proposals, coinciding with the date the IFISA is introduced.