UK Government Plans to Regulate P2P Lending

Starting April 2014 p2p lending in the UK shall become a regulated activity. There are no further details yet, the Treasury said the aim of the coming consultations was to get the details right. The leading British p2p lending marketplaces Zopa, Ratesetter and Fundingcircle welcome the prospect of regulation.

Sources: Financial Times, Ratesetter Blog.

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