The Financial Conduct Authority (FCA) has, in collaboration with 11 financial regulators and related organisations, on 7 August 2018 announced the creation of the Global Financial Innovation Network (GFIN), building on the FCA’s proposal earlier this year to create a ‘global sandbox’.
The Securitisation Regulation and related amendment to the Capital Requirements Regulation (CRR) came into effect on 18 January 2018. Most of their provisions will come into effect on 1 January 2019. We are consulting on a number of changes to ensure that our Handbook is consistent with the directly applicable EU Securitisation Regulation and...
We are consulting on proposals to apply existing rules and guidance that clarify our expectations on conduct and communication across the payment services and e-money sectors. We are also proposing new standards for the communication of payment services and e-money involving a currency conversion.
In 2016 the we launched a post-implementation review (PIR) of our regulation of the crowdfunding sector (which covers investment-based and loan-based crowdfunding). This paper summarises our findings, and consults on proposed new rules and guidance for loan-based crowdfunding platforms (also known as ‘peer-to-peer’ platforms).