26 March 2017
visit http://events.sap.com/gb/fsi-forum-2017/en/home

UK Bond Network receives FCA approval

03 March 2017  |  2577 views  |  0 Source: UK Bond Network

UK Bond Network, the corporate bond investment and financing platform, has received direct authorisation from the Financial Conduct Authority.

The approval from Britain’s financial regulator is a landmark for the company and follows the successful completion of the FCA’s authorisation process over several months to ensure regulatory standards are met. Previously, UK Bond Network operated under a regulatory ‘umbrella’, offering services under an appointed representative arrangement.

Authorisation involves a considerable effort and investment of time and resources by applicant companies. Successful candidates must demonstrate sound management, commitment to high business standards, and robust technical systems.

UK Bond Network is now among a small number of firms which have been fully authorised to operate alternative finance platforms. Authorisation presents UK Bond Network with additional potential lines of growth, such as the ability to offer customers the Innovative Finance ISA (individual savings account), which is available only on those platforms operated by directly authorised firms.

Chris Maule, CEO and Founder of UK Bond Network, said: “Stringent standards are at the heart of everything we do. We believe this approval will further strengthen the confidence that our investors and corporate clients have in our platform, services and people.”

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit abe-eba.euVisit capgemini.com

Top topics

Most viewed Most shared
French retailer Carrefour launches online bank accountFrench retailer Carrefour launches online...
57201 views comments | 15 tweets | 35 linkedin
European Commission opens public consultation on fintechEuropean Commission opens public consultat...
9008 views comments | 42 tweets | 25 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
8698 views comments | 23 tweets | 37 linkedin
Westpac wants to take over your messaging keyboardWestpac wants to take over your messaging...
7153 views comments | 4 tweets | 10 linkedin
SecureKey taps IBM to put identity on the blockchainSecureKey taps IBM to put identity on the...
7113 views comments | 22 tweets | 15 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job