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Peer2Peer Finance News | July 19, 2018

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European Commission

UK labelled top three global destination for fintech firms

March 21, 2018 |

THE UK has been named a top destination for global fintech companies that are considering raising funds and expanding internationally, despite Continental Europe’s latest efforts to become an international hub.

More than 400 fintech companies from eight countries put the … Read More

Europe looks to take fintech crown with pan-EU crowdfunding rules

March 8, 2018 |

THE EUROPEAN Commission has proposed a draft law to enable crowdfunding platforms to access customers across the EU, as the bloc looks to become a global hub for fintech.

The executive arm of the EU revealed an action plan on Thursday … Read More

Inconsistent rules stop P2P firms expanding across Europe

February 1, 2018 |

PEER-TO-PEER lenders are restricted from scaling across Europe due to an incoherent regulatory framework and tax regime, a report warns.

The European Commission’s Directorate General for Financial Stability, Financial Services and Capital Markets Union has analysed barriers to P2P firms … Read More

Fintech a priority for European Commission in supervision reforms

September 21, 2017 |

THE EUROPEAN Commission has promised to “prioritise fintech” in its proposals to revamp its financial supervision strategy.

According to the Commission, the reforms will lead to further financial integration and a full Capital Markets Union, promoting jobs, growth and investments … Read More

EU mulls fintech passporting in blow to London

March 24, 2017 |

LONDON’S position as a leading fintech hub was put under threat, after it emerged that the European Commission is considering introducing EU passporting and lower regulatory requirements for the sector.

The EU executive’s vice president Valdis Dombrovskis reportedly said … Read More