LCN Legal has announced the publication of a new free resource for P2P and marketplace lending platforms and loan servicers: a checklist of key commercial terms for back-up servicing arrangements.
A key feature of the Financial Conduct Authority’s approach to regulating online lending platforms is to require that they have a back-up plan in place. This new checklist is part of a project lead by LCN Legal's Marsili Hale, and is designed to help P2P and marketplace lending platforms put in place the back-up arrangements they need.
You can get your free copy of the checklist by following this link:
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