36h Group

In 2022, the UKCFA created a sub-group to separate peer-to-peer lending platform members from equity platform members, who have different needs and interests. Why 36h? – That’s the amendment to the Finacial Services Act that pertains to the inclusion of peer-to-peer lending.  

The group meets monthly to discuss, responses to consultation papers, lobbying, training, best practice and more. 

CURRENT OBJECTIVES: 

  1. Lobby to:
    1. HMT – for non-bank lending support initiatives
    2. FCA – to remove p2p lending from the ‘high-risk investments’ list
    3. BBB – to better engage the sector.
  2. Present peer-to-peer lending / regulated decentralised finance lending as a compelling asset class, following the post-implementation review
  3. Generate standardised performance reporting
  4. Prepare and update an investment paper, aimed at Family Offices, DFMs, IFA and other FS professionals presenting the 36h members

FOUNDER GROUP MEMBERS INCLUDE: 

  • Abundance  
  • Dacxi  
  • Medici Legal  
  • Rebuilingsociety.com  
  • Simple Crowdfunding  
  • Sourced Capital  

FOUNDER SUPPORTERS INCLUDE:  

  • Adempi  
  • CMS
  • Legal Alternative

Become a member or supporter of the UKCFA to join the 36h Group.