The new collaboration will inform FinTech market development and regulatory innovation through generation of data, insight, digital tools and a suite of capacity building and education programmes.
The initiative is being jointly steered by The Cambridge Centre for Alternative Finance (CCAF) based at Cambridge Judge Business School and the Ioannis Gregoriou School of Business Administration at the European University Cyprus. It covers the massive MENA-MED region – the Middle East and North Africa, including Gulf territories, and the Mediterranean.
The venture will see a dedicated team recruited to facilitate collaborative research under three highly integrated pillars to contribute to the creation and transfer of FinTech and digital financial services (DFS) related knowledge.
The partners say the move will help facilitate FinTech and DFS market development and effect regulatory changes across MENA-MED and beyond.
At the outset, the partners will undertake in-depth diagnostic analyses on the market and regulatory environment in the region. The results will be deployed via the second pillar – the development of digital tools that will inform both regulatory and market decision-making.
The third pillar will deliver evidence-based capacity-building and education programmes for regulators and policymakers. This will include activities ranging from online programmes to offline, in-situ training in the region.
This latest initiative marks a complementary collaboration agreement to those signed already this year with FSD Africa in sub-Saharan Africa and Abu Dhabi Global Market Academy in MENA.
Historical Performance And IFISA Process Guide
That figure is the result of over £20 million of loans facilitated on the site, as we bring individuals looking for a good return on capital together with carefully vetted small companies seeking funds for growth. Bear in mind that lenders’ capital is at risk. Read warnings on site before committing capital.
All loans on site are eligible to be held in a Money&Co. Innovative Finance Individual Savings Account (IFISA), up to the annual ISA limit of £20,000. Such loans offer lenders tax-free income. Our offering is an Innovative Finance ISA (IFISA) that can hold the peer-to-peer (P2P) business loans that Money&Co. facilitates. For the purposes of this article, the terms ISA and IFISA are interchangeable.
So here’s our guide to the process:
The ISA allowance for 2019/20 is unchanged from last tax year at £20,00