Posts Tagged ‘ FCA ’

FCA RULES FOR NON-READILY REALISABLE SECURITIES AND IMPACT ON CROWDFUNDING

FCA RULES FOR NON-READILY REALISABLE SECURITIES AND IMPACT ON CROWDFUNDING

BY Dr Avtar Sehra Quantitative Analytics and Risk Management Director Introduction The FCA Consultation Paper (CP13/13) and the resulting Policy Statement (PS14/4) outline the FCA’s position on investment (equity/debt security) crowdfunding, and how this differs from loan crowdfunding (P2P/P2B). These papers highlight the significant risks investors face when investing in unlisted securities that are hard to value independently or sell on a secondary market. As a result it is required that firms offering such investments on crowdfunding platforms (or using other media) only promote these to certain types of retail investors (discussed below). Where no advice has been provided to retail clients it is also proposed to…

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Crowdnetic Launches Crowdfunding Data on Leading UK Financial Media Site, Opens London Office

Crowdnetic Launches Crowdfunding Data on Leading UK Financial Media Site, Opens London Office

CrowdFunding News Beat UK, Crowdnetic officially announces the opening of its London office and its premier data content suite is now available on Digital Look. Crowdnetic, a New York-based provider of technology and market data solutions to the global crowdfinance industry, launched on leading financial media site Digital Look today. This premier content suite features real-time information on private UK-based companies that are publicly raising capital online through securities-based crowdfunding and marketplace lending portals. Digital Look provides financial data, news and tools to investors and traders. “Our partnership with Crowdnetic increases our ability to provide investors with a comprehensive view of information on this rapidly growing…

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Crowd Investment Platform To Transform Private Capital In Emerging And Frontier Markets

Crowd Investment Platform To Transform Private Capital In Emerging And Frontier Markets

CrowdFundBeat News Wire. Emerging Crowd today announces the upcoming launch of its UK-based equity crowd investment platform aimed at unlocking the huge growth potential of strong, well-managed companies in emerging and frontier markets. The platform is planned to go live in October 2014 once FCA authorisations are in place and will provide ordinary investors with direct investment opportunities in individual growth stage companies through a secure, risk-managed and cost effective online process.   There are reportedly 3 million ‘DIY investors’ in the UK, and this is forecast to increase to 5.5 million by 2017. Emerging Crowd will provide this self-empowered community with the opportunity to explore…

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CrowdBnk welcomes FCA crowdfunding response

CrowdBnk welcomes FCA crowdfunding response

New policies on crowdfunding have been formed by British financial services regulator, the Financial Conduct Authority (FCA). The FCA has proposed inexperienced investors will have to certify that they will not invest more than 10% of their portfolio in unlisted businesses. Commenting on the response to the consultation on the regulatory approach to crowd funding,  Ayan Mitra, CEO of CrowdBnk, a UK equity crowdfunding platform, said “We are pleased to see that the FCA has kept the ‘crowd’ in crowdfunding, by allowing anyone to invest up to 10 per cent of their available assets. “This ensures crowdfunding remains available to all types of investor and ,…

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Squareknot – Scotland’s first equity and loan crowdfunding platform set for launch

Squareknot – Scotland’s first equity and loan crowdfunding platform set for launch

Scotland’s first equity and loan crowdfunding platform is hosting its official launch event in Glasgow next week. Squareknot, founded by chartered accountant Derek Bond, will offer investors the opportunity to back businesses through a combination of equity, loan and reward-based funding. Bond, a former finance director with John R Weir Mercedes – recently sold to Arnold Clark – has launched the venture in partnership with the father-and-son entrepreneurs, Brian Smillie Snr and Brian Smillie Jnr. The idea for Squareknot came about when the Smillie’s approached Bond with a view to raising seed funding for a a retail clothing business venture. Bond said: “The Smillies’ had been…

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