About Online Marketplace Lending: Less Than Meets the Eye on March 7, the Consumer Financial Protection Bureau ("CFPB") revealed it was accepting customer grievances regarding online marketplace lenders.1 From the tone of the early press, this has been viewed by some as a considerable brand-new event, with the Bureau lastly "taking objective" at market lenders. A closer reading of the publication, however, reveals that the CFPB's announcement might be more show than drug.The CFPB revealed that it is "now" taking grievances regarding online market loan providers. In fact, depending upon the product provided by a specific loan provider, the Bureau has actually been accepting complaints about marketplace loan providers for quite a long time.
United States: CFPB Statement
Online PE marketplace iCapital Network
To buy HedgeFocus from Credit Suisse NEW YORK, NY March 21, 2016 iCapital Network, a monetary technology platform that offers the high-net-worth market with access to alternative investments, and Credit Suisse today announced that they have actually entered into a conclusive purchase arrangement pursuant to which iCapital has actually gotten the HedgeFocus business from the Swiss bankdirectional, relative value and tactical techniques run by reputable supervisors. With the transfer of assets, iCapital will be responsible for the ongoing administration and maintenance of the investments for all existing financiers as well as marketing, administration and servicing for new investors subscribing through iCapital.
Cops alert of specific video on Canberra
Online marketplace groups aCT Policing said the video had appeared on Facebook feeds of people who were members of numerous online marketplace groups for Canberrans.The still image of the video showed it contained child exploitation product, and authorities prompted people not to click on a custom flyer design it because they may discover the images stressful.They also cautioned users not to the forward the video or any images connected with the video to any individual, consisting of authorities or Crime Stoppers, as they ran the risk of being penalized for the offence of forwarding kid exploitation product.An ACT Policing spokesperson encouraged anyone who discovered the video to report it to Facebook, which might notify authorities and get rid of the post from the user's feed.