Crowdfunding: Kickstarter to open to UK-based projects

Kickstarter, one of the original crowdfunding websites, will open to UK projects at the end of October (see its blog posting here, and good FT article here).

See also: FSA acknowledges that crowdfunding exists, says that it is only for sophisticated investors and more crowdfunding here.

How the FCA will tackle financial crime

Tracey McDermott speech of 26 September 2012 here.

European Commission consultation on a possible recovery and resolution framework for financial institutions other than banks

Here and consultation paper here. The consultation closes on 28 December 2012.

“It felt like being appointed captain of the Titanic after we’d hit the iceberg but before we’d actually sunk”

Lord Turner’s Mansion House speech on the:

• Causes of the financial crisis
• Policy response and the redesigned regulatory structure
• Need for new policies in a deleveraging economy.

Venture capital and tech: government investment, not VC managers, is what matters

Anthony Hilton in the Evening Standard reviews William Janeway’s new book “”Doing Capitalism in the Innovation Economy: Markets, Speculation and the State“. Excerpt: