News from Another Crowd

Transparency Too Much for Ratesetter

many p2p lending platforms allow investors transparent access to their company data

P2P lending platform Ratesetter is to resign from the Peer-to-Peer Finance Association (P2PFA) according to multiple sources. The leading UK lender is close to obtaining full authorisation from the Financial Conduct Authority (FCA) but admits it cannot comply with the P2PFA's voluntary code of conduct on transparency.