questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the Financial Conduct Authority’s supervision and regulation of Lendy Ltd prior to its collapse.
answerText: The Financial Conduct Authority (FCA) assumed responsibility for the peer to peer lending sector in 2014. In 2016, the FCA launched a post-implementation review into the peer to peer and crowdfunding sector, leading to a consultation on updated rules for ...
heading: Lendy: Insolvency