What can we expect from the FCA's crowdfunding review?

clock • 5 min read

As the crowdfunding community awaits the arrival of the Financial Conduct Authority's (FCA) review of current regulations for the industry, Downing Crowd's head of crowdfunding Julia Groves looks at what consumers and the sector really need from the regulator and if this will match up with reality.

When the FCA's interim feedback on crowdfunding regulations landed last December, it was met with claims of a 'warning' to the industry and a 'tough crackdown' from the regulator. But in such a young sector, reviews of whether the regulations are working are to be welcomed not feared. As we continue to innovate, to make finance more inclusive and reach the parts the traditional financial service industry can't (or won't) reach, we need the regulations to evolve with us. I am a fan of regulations that protect the investors (not the innovators, or for that matter the incumbents), whi...

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