The draft Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2016 has been published. The draft Order, amongst other things, amends legislation concerning the regulation of activities relating to lending, in particular activities relating to peer-to-peer (P2P) lending. The provisions extend the scope of the regulated activities relating to the operation of P2P lending platforms and providing advice on lending through such platforms. The government is aligning the treatment of P2P loans with other ISA qualifying investments and is making the provision of advice to lenders on entering into a P2P loan a regulated activity. The draft Order also extends the scope of the regulated activity of operating an electronic system in relation to lending, to ensure that all the relevant activities are included within this, including the activity of facilitating the transfer of rights under a P2P loan between lenders. Different provisions of the draft Order will come into force on different dates (mostly in March 2016), with the remaining provisions coming into force on 6 April 2016.