UK moves to protect alt-lending investors

The UK’s Financial Conduct Authority is looking to introduce new rules aimed at protecting investors of the alternative lending community, reports said Friday. The move coincides with the FCA’s release of its preliminary findings into its review of the alternative lending industry, which includes crowdfunding and peer-to-peer lending. The inquiry, launched in July, concluded that risks are difficult to assess, and it is difficult to compare the risks of investing in this field from platform to platform. Read more: