Financial Services

Treasury written question – answered on 4th March 2014.

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Photo of Cathy Jamieson Cathy Jamieson Shadow Minister (Treasury)

To ask the Chancellor of the Exchequer if he will ensure that legislation is in place to enable small and medium-sized enterprises to attract funding from peer-to-peer lending and crowdfunding platforms.

Photo of Sajid Javid Sajid Javid The Financial Secretary to the Treasury

The Financial Conduct Authority consulted on draft rules for the peer to peer lending and crowdfunding sectors in autumn 2013 and will issue a policy statement shortly.

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