Published Sunday, May 22nd, 2016

Innovative Finance ISA Rules

Rules as of April 2017

The UK Government’s decision to introduce the new Innovative Finance ISA in April 2016 has required a partial re-write of the old Individual Savings Account (ISA) Regulations.

First and foremost it was agreed that the new Innovative Finance ISA rules would take the form of an extension to, rather than stand separately from, the existing regulatory framework.

Much of the regulatory and legislative framework pertaining to the new Innovative Finance ISA is still being finalised; indeed, full FCA Regulations and HMRC Guidance has yet to be forthcoming.

What follows is a high-level summary of what we do now know:

An overview of the IFISA rules

For further information on the Innovative Finance ISA, please visit our IFISA guide here.

Latest News Articles

Article Tags