Peer-to-Peer Lending


Technology is evolving and extending its reach increasingly into the financial sector, businesses are being disrupted by its changes. One example are savvy entrepreneurs looking to provide online platforms to match lenders and borrowers The Securities Commission Malaysia (“SC”), the regulator that oversees the securities and capital markets industry, took note of the flourishing peer-to-peer lending model. In April 2016, it revised the Recognized Markets Guidelines (“Guidelines”) by adding a specific regulatory regime that appears…