Call for Input: Regulatory Barriers to Social Investments - response form

We are asking for comments on this Call for Inputs by 14 March 2016.

You can send your response by electronic submission using the following form or by emailing us.

Alternatively, please send comments in writing to:

The Social Investment Team
Strategy and Competition Division
Financial Conduct Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

Email: Socialinvestmentsfca@fca.org.uk

We make all responses to formal consultation available for public inspection unless the respondent requests otherwise. We will not regard a standard confidentiality statement in an email message as a request for non-disclosure.

Despite this, we may be asked to disclose a confidential response under the Freedom of Information Act 2000. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by the Information Commissioner and the Information Rights Tribunal.

Note: You can take a printout of your response before clicking the 'Submit to FCA' button at the end of the form, but this will only print the visible text on screen, and you may have given longer answers. After submitting your response, the form will clear, but when we acknowledge receipt of your response by email, we can return to you a copy of your full submission as received. Check this box if you would like to have a copy of your submission returned:

Submission Details

as an individual
as a representative of an authorised firm
as a representative of a professional firm
other (please specify):

Questions for social enterprises

Q.1

Have you experienced any problems trying to establish a social enterprise or raise capital for a social enterprise? If yes, please provide details of the problems, identifying in particular those caused or exacerbated by regulation. Where a problem is caused by FCA rules or policies, please identify the rule and explain why.

 

Q.2

How are you interested in raising capital? Who is your target client base for the products you will sell to raise capital?

 

Questions for financial advisers and other intermediaries, including crowdfunding platforms

Q.3

Have you experienced problems in advising investors who wish to invest in social enterprises, or for whom investment in a social enterprise may be suitable? If so, please provide details of those problems.

 

Questions for consumers & consumer groups

Q.4

Have you identified barriers to investment in the social sector for retail investors? If yes, please provide details of these barriers, in particular identifying those that may be caused by regulation.

 

Q.5

What kind of rules do retail investors need to consider when making sound investments. Have you identified any consumer protection concerns in this area? Please explain these concerns and how they might be addressed.

 

Q.6

Do you have any evidence (e.g. figures, case studies or other practical examples) of the appetite retail investors have for social investments and related products, particularly compared to donations?