George Osborne set out a number of measures and policy decisions in respect of the financial markets in this week’s Budget, including the following: (i) Financial Advice Market Review (FAMR): the government commits to implementing all the FAMR recommendations for which it is responsible and, among other things, it will consult on amending the definition of regulated advice, to remove regulatory uncertainty; (ii) the government will introduce amendments to the Limited Partnerships Act 1907 as applied to collective investment schemes in order to make it a more competitive vehicle for unauthorised funds; and (iii) Finance Platforms Regulations: the government intends to designate Bizfitech, Funding Options and Funding XChange under the Small and Medium Sized Business (Finance Platforms) Regulations 2015 (SI 2015/1946), to help match small and medium-sized enterprises (SMEs) that have been rejected for finance by designated banks with alternative finance providers.