Crowd control: FCA consultation on regulation of crowdfunding
Recently the FCA published a consultation paper (the CP) on its regulatory approach to crowdfunding. This briefing sets out how the CP will affect firms that operate crowdfunding platforms.
Overall, the FCA’s proposals relate to protecting retail investors who, in the FCA’s view, lack the knowledge, experience and resources to cope with possible significant losses, while promoting effective competition in the interests of consumers.
The CP outlines the FCA’s proposals for regulating loan-based and investment-based crowdfunding. While the FCA has identified other types of crowdfunding, such as those involving donations to support enterprises or organisations, these other types do not fall within the scope of FCA regulation…
If you are registered and logged in to the site, click on the link below to read the rest of the Nabarro briefing. If not, please register or sign in with your details below.
News from Nabarro
News from The Lawyer
Briefings from Nabarro
This case has highlighted the question of whether there is a ‘gap’ in clause 20 of the FIDIC conditions where arbitration is chosen as the final method of dispute resolution.
Lord Justice Jackson gave a keynote speech at the Costs Law and Practice Conference on 30 September, making a number of comments on the progress of his reforms.
Analysis from The Lawyer
Nabarro senior partner and self-confessed “IT geek” Graham Stedman is heralding a major set of investments in technology ahead of the firm’s move to 125 London Wall this year.
Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem