FCA has published a policy statement setting out its response to feedback submitted in relation to two consultations. The statement first sets out FCA’s views in relation to its consultation on loan-based crowdfunding (peer-to-peer (P2P)) platforms and segregation of client money (see FReD 29 January). It then gives FCA feedback to the responses received to its consultation which proposed Handbook changes to reflect the introduction of the Innovative Finance ISA (IFISA) and the regulated activity of advising on P2P agreements (see FReD 20 November 2015). The statement includes the finalised rules and guidance made by FCA in the Peer-to-Peer Lending Instrument 2016, effective from 6 April when the IFISA is introduced, and the Client Assets Sourcebook (Amendment No 9) Instrument 2016, which took effect on 21 March (see above). (Source: FCA finalises P2P rules)