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Exclusive: Working group established to address ISA manager responsibility gap


A working group has been established to improve HMRC’s ISA manager register, in response to the Gloster report’s call for better engagement between regulatory bodies.
Peer2Peer Finance News understands that the new director-led steering group, which is made up of HMRC, Treasury and Financial Conduct Authority (FCA) representatives, will aim to improve intelligence sharing between HMRC and the City watchdog.
This has already resulted in new intelligence being shared and acted on. HMRC’s ISA manager list has been updated, with more than 30 companies removed from the register and new information added to make it easier for investors to understand. ....

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UK Crowdfunding Industry Concerned About Outcome of Most Recent "Call for Input" that May Impact Investment Platforms


January 6, 2021 @ 11:57 pm By JD Alois
Financial Conduct Authority (FCA) may undermine the viability of the investment crowdfunding industry. Comments on the process closed on December 15, 2020.
The consultation was instituted because the FCA believes “there are some areas where we think it is not working as well as it should and where change is needed.” The FCA notes the need to balance freedom of choice with investor protection while fostering innovation and competition.
“We will use the responses to this Call for Input in putting forward a regulatory framework that enables us to realise our ambition in the Consumer Investments market.” ....

United Kingdom , Bruce Davis , Directors Of Moneything Capital , United Kingdom Financial Conduct Authority , United Kingdom Crowdfunding Association , Consumer Investments , Moneything Capital Limited , Abundance Investment , ஒன்றுபட்டது கிஂக்டம் , காயங்கள் டேவிஸ் , ஒன்றுபட்டது கிஂக்டம் நிதி நடத்தை அதிகாரம் , ஒன்றுபட்டது கிஂக்டம் கிரௌடிபியுண்டிங் சங்கம் , நுகர்வோர் முதலீடுகள் ,

2020 in quotes: Part 2


2020 in quotes: Part 2
By Aisling Finn on Thursday 31 December 2020
Image source: Jonathan Farber/Unsplash
This year has been memorable, to say the least, so memorable that we couldn’t fit our favourite fintech quotes into just one article.
If you missed Part One you can read it here.
So, without further ado, and in no particular order, here is the second part of our favourite quotes from 2020.
“[Fintech] is at the core of the financial system.”
At the Paris Fintech Forum in January, François Villeroy de Galhau, governor of the Banque de France, explained that fintech had made it’s way into the very core of how France’s central bank operates. ....

United Kingdom , Jeff Kelisky , Nik Storonsky , Luke Massie , Jonathan Farber Unsplash , Martin Gilbert , Darren Westlake , Paul Rippon , Tom Blomfield , Starling Bank , Paris Fintech Forum , United Kingdom Crowdfunding Association , Banque De France , Part One , Villeroy De Galhau , Banque De France Governor , Altfi Festival , Aberdeen Asset Management , Digital Banking , Digital Bank , ஒன்றுபட்டது கிஂக்டம் , லூக் மாஸி , மார்டின் கில்பர்ட் , டேரன் வெஸ்ட்லேக் , பால் ரிப்பன் , ஸ்டார்லிங் வங்கி ,