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167896
registered interest false more like this
date remove filter
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Crowdfunding more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government whether the Financial Conduct Authority and the Bank of England are looking at modelling what level of institutional investment in peer-to-peer (P2P) collaterised loan obligations, or at what level funds established to buy P2P collaterised loans, would present a systemic risk to the financial system; and if not, whether they have done so or plan to. more like this
tabling member printed
Lord Mendelsohn more like this
uin HL3420 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-19more like thismore than 2014-12-19
answer text <p>Her Majesty’s Government have not had any discussions with the Bank of England, the Financial Conduct Authority (FCA) or credit rating agencies about the securitisation of peer-to-peer loans.</p><p> </p><p> </p><p> </p><p>However, since April 2014, the peer-to-peer lending sector has been supervised and regulated by the FCA. The FCA monitors risks in any regulated sector on an ongoing basis.</p><p> </p> more like this
answering member printed Lord Deighton more like this
grouped question UIN
HL3415 more like this
HL3416 more like this
HL3419 more like this
question first answered
less than 2014-12-19T12:44:28.363Zmore like thismore than 2014-12-19T12:44:28.363Z
answering member
4262
label Biography information for Lord Deighton more like this
tabling member
4286
label Biography information for Lord Mendelsohn more like this