Report published in October 2018. Government and FCA response published in January 2019.
Scope of the inquiry
This inquiry will take a broad look at the state of the market for SME finance.
In particular, it will consider the extent of competition in the market, the various sources of funding available to small businesses, including crowdfunding and peer-to-peer lending, and whether the current regulatory framework provides appropriate protection to SMEs when they borrow money, taking into account the lessons to be learned from RBS’ Global Restructuring Group (GRG).
Terms of reference for SME Finance inquiry