The Small and Medium Sized Business (Finance Platforms) Regulations 2015

These Regulations are made under Part 1 of the Small Business Enterprise and Employment Act 2015 (c.26) and impose a duty on designated banks to provide specified information about their small and medium sized business customers that they reject for finance to designated finance platforms (‘FPs’), and a duty, in turn, on designated FPs to provide specified information to finance providers who seek to access it.