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<p>There is an ongoing Financial Conduct Authority (FCA) investigation into the circumstances
that have led to the administration of Lendy.</p><p> </p><p>It is important that the
FCA rules for P2P lending remain relevant for this evolving sector, and the new rules
announced by the FCA on 4 June reflect this. These will help to ensure that investors
have the information they need to make effective decisions about P2P investments,
without imposing additional costs on borrowers.</p><p> </p>
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