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Rebuildingsociety.com Launches Appointed Representatives Initiative

Following our recent FCA authorisation, we are excited to announce that we are now offering companies the opportunity to collaborate with us as Appointed Representatives. The Appointed Representatives scheme allows companies not yet authorised by the Financial Conduct Authority to operate as FCA-authorised firms, by working in conjunction with an authorised body. This facilitates the creation of an authorised network of companies throughout the United Kingdom. If you have both access to loan origination channels and the skills necessary to perform credit risk analysis, then you are ideally-positioned to launch and run a P2P lending platform of your own – and we would like to help you. We will be working both directly with peer-to-peer businesses, as well as partnering with compliance consultants, to offer an end-to-end solution, should our clients wish to use the services of their own chosen compliance expert. The Principal rebuildingsociety.com is responsible for the regulated activities carried out by its Appointed Representatives, who may perform regulated activities such as taking investment from retail investors and managing client money, without direct authorisation from the FCA. We know the P2P lending industry intimately. We combine compliance and technology through a cooperation with our sister company White Label Crowdfunding, which has launched 10 platforms around the globe, including three UK-regulated platforms. Becoming an Appointed Representative enables you to expand the audience of your marketplace and attract both retail and institutional investors. You can also improve your speed to market, overtake competitors and test your business concept as an AR. Should you subsequently wish to obtain full FCA permissions, you can make this decision from a more informed position. Visit our dedicated webpages to find out more about the Appointed Representatives initiative.

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