The U.S. Securities and Exchange Commission has appointed members to its newly-formed Small Business Capital Formation Advisory Committee as it works to support small business access to capital. Reports in Bloomberg Law’s Big Law Business on Friday (April 26) said Investment bank Cowen and accounting...
India’s alternative finance community is calling on the Reserve Bank of India (RBI) to relax regulations on the market, particularly as they pertain to lending caps. Reports in Business Standard this week said more than a year after the RBI introduced guidance for peer-to-peer lenders...
Business lending in Australia probably won’t face tougher loan regulation when it comes to small business loans. “The evidence and submissions provided to the commission did not reveal any great appetite to change the legal framework,” Commissioner Kenneth Hayne said in his interim report, according...
U.S. Representative Emanuel Cleaver II (D-MO) has published the initial findings of a probe into the alternative small business lending market in an effort to explore borrower protections, fairness and the possible need for greater regulatory oversight. About a year after reports first surfaced that Cleaver...
October 01, 2018
Business lending in Australia probably won’t face tougher loan regulation when it comes to small business loans. “The evidence and submissions provided to the commission did not reveal any great appetite to change the legal framework,” Commissioner Kenneth Hayne said in his interim report, according to the Australian Financial Review. “In particular, I did not […]
August 13, 2018
In a move that has surprised military families, the Consumer Financial Protection Bureau (CFPB) is planning to suspend routine examinations of lenders for violations of the Military Lending Act, which...