The FCA has responded to questions raised by the House of Commons Treasury Committee on crowdfunding in June 2016. The FCA states that it remains cautious about the risks posed to consumers by P2P firms. It recognises that the growth in crowdfunding provides potential consumer benefits, businesses and investors, but that this growth comes with increased levels of risks to the same groups. The FCA published a call for input in July on an upcoming post-implementation review of its crowdfunding rules. The Bank of England also continues to monitor growth in the sector, but considers that the crowdfunding sector is currently too small to be systemically important to the UK financial system. Andrew Tyrie, Treasury Committee chair, notes that the responses indicate that risks associated with crowdfunding platforms appear to be restricted to those using the platforms to lend or invest.