Compliance
FCA Authorises Online Bond Auctioning Platform

UK Bond Network links investors, wealth managers, and high net worth individuals through its online bond auctioning platform.
The Financial
Conduct Authority has given UK Bond Network, an online
peer-to-peer bond auctioning platform, its seal of approval to
provide regulated services and products.
According to its website, UK Bond Network is a platform that
links institutional investors, wealth managers, and high net
worth individuals with carefully-assessed UK business borrowers
through an online bond auction format.
Previously, the firm worked under a “regulatory umbrella” by
offering services under an appointed representative arrangement,
meaning it operated under an FCA-approved firm or individual.
UK Bond Network is among a small number of organisations that are
fully-authorised to operate alternative finance platforms by the
UK's financial watchdog, the firm said in a statement.
"Proper standards are at the heart of our offering, so gaining
FCA authorisation fulfils a key element of our growth strategy,”
said Christopher Maule, UK Bond Network's chief executive and
founder, adding: “We believe this approval will strengthen even
further the confidence that our investors and corporate clients
have in our platform, services and people.”
The FCA could not offer any further details on the matter when
contacted by WealthBreifing.