You always know when a sector like alternative finance has hit the big time - the regulators start to take a close interest.
As a growing number of sophisticated private investors and wealth advisers start to dip their toes into the waters of peer-to-peer lending and crowdfunding, the regulators have at long last stirred. According to the Sunday Times, the FCA now says crowdfunding sites in particular should only be “targeted at investors who know how to value a start-up business, and who appreciate the risks involved and that they could lose all of their money...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes