By Luke O'Mahony
August 11, 2016

RateSetter and the base rate

On Thursday 9 August 2016, the Bank of England reduced its official interest rate – which is often referred to as the ‘base rate’ and is seen as a benchmark for interest rates in general – from 0.5% to 0.25%.

By Luke O'Mahony
August 2, 2016

Closing the 3 Year market

When RateSetter launched in 2010, investors could choose between the Rolling and the 3 Year market. Over time we added the 1 Year and 5 Year markets and made other adjustments so that our product range now broadly caters to three investment objectives:

By John Battersby
July 22, 2016

P2P is all about risk and return

Andrew Bailey, the head of our regulator, the Financial Conduct Authority, appeared before Members of Parliament at the Treasury Committee earlier this week. Amongst other things the session covered the topic of peer to peer lending, and specifically whether platforms have sufficient incentive to ensure that their underwriting is robust. You can watch the session here.

By Luke O'Mahony
July 20, 2016

Implementing Coverage Ratio reporting changes

Our blog on 30 June outlined changes we are planning to make to the Provision Fund Coverage Ratio. These changes will take effect on Thursday morning (21st July), and we are now providing some further commentary on them.

By Luke O'Mahony
July 15, 2016

Interview: Cyrille Sallé de Chou, CRO

Cyrille Sallé de Chou recently joined RateSetter as our new Chief Risk Officer. We talked to Cyrille about managing risk, underwriting loans and the Provision Fund.

By Luke O'Mahony
July 11, 2016

FCA launches post-implementation review of peer-to-peer lending

Last week, the Financial Conduct Authority (FCA), which regulates the financial industry – including peer-to-peer lending – in the UK, announced a post-implementation review of the current rules in place for peer-to-peer lending.