{"id":219,"date":"2014-05-07T15:22:08","date_gmt":"2014-05-07T12:22:08","guid":{"rendered":"https:\/\/www.bondora.com\/blog\/?p=219"},"modified":"2014-05-07T15:22:08","modified_gmt":"2014-05-07T12:22:08","slug":"bondora-regulated-by-fca","status":"publish","type":"post","link":"https:\/\/goandgrow.eu\/en\/blog\/bondora-regulated-by-fca\/","title":{"rendered":"Bondora is now regulated by the FCA"},"content":{"rendered":"<p style=\"text-align: justify\">We are happy to announce that <a href=\"https:\/\/www.goandgrow.eu\/en\">Bondora<\/a> has now received a peer-to-peer lending license from the UK Financial Conduct Authority (FCA).<\/p>\n<p style=\"text-align: justify\">The FCA-supervised peer-to-peer lending license is the only license available in Europe, which subjects peer-lenders to regulatory oversight. Bondora is one of a few peer-lenders currently operating under such license.<\/p>\n<p style=\"text-align: justify\">The interim license increases the strength of the company and assures that Bondora complies with the rules set by the regulator, providing a more secure, transparent and sustainable service to its customers. These provisions among others include:<\/p>\n<p style=\"text-align: justify\">&#8211; conduct of business rules (in particular, disclosure and promotions),<\/p>\n<p style=\"text-align: justify\">&#8211; minimum capital requirements,<\/p>\n<p style=\"text-align: justify\">&#8211; client money protection rules,<\/p>\n<p style=\"text-align: justify\">&#8211; dispute resolution rules,<\/p>\n<p style=\"text-align: justify\">&#8211; administration of existing loans in case the company goes out of business.<\/p>\n<p style=\"text-align: justify\">Even though Bondora already complies with most of the regulations, there will be a transitional period, during which all processes will be made compliant with the required standards.<\/p>\n<p style=\"text-align: justify\">Bondora is entered on the Financial Services Register under company registration number 665420. Additional information can be found from the <a title=\"FCA\" href=\"https:\/\/www.fca.org.uk\/\" target=\"_blank\" rel=\"noopener\">Financial Conduct Authority<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are happy to announce that Bondora has now received a peer-to-peer lending license from the UK Financial Conduct Authority (FCA). The FCA-supervised peer-to-peer lending license is the only license available in Europe, which subjects peer-lenders to regulatory oversight. Bondora is one of a few peer-lenders currently operating under such license. The interim license increases [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[],"class_list":["post-219","post","type-post","status-publish","format-standard","hentry","category-bondora-news"],"acf":[],"featured_image":null,"categories_names":["News"],"category_name":"News","_links":{"self":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/comments?post=219"}],"version-history":[{"count":0,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/posts\/219\/revisions"}],"wp:attachment":[{"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/media?parent=219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/categories?post=219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goandgrow.eu\/en\/wp-json\/wp\/v2\/tags?post=219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}