Research and analysis

The Small and Medium Sized Business (Finance Platforms) Regulations PIR

RPC鈥檚 Opinion on HMT鈥檚 PIR covering The Small and Medium Sized Business (Finance Platforms) Regulations

From:
Regulatory Policy Committee
Published
25 November 2020

Documents

PDF, 87.7 KB, 4 pages

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Details

The reviews the regulations that required designated banks to pass on details of SME applicants which do not meet the lending requirements to private sector finance platforms. These platforms could then match referred businesses to an alternative credit provider. HMT recommends to retain the regulations.

It is green rated, fit for purpose.

Updates to this page

Published 25 November 2020

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