GEN 2.29.2 Guidance
The activity in GEN Rule 2.29.1 does not cover an electronic platform where the operator itself is the sole lender providing the loans e.g. if it is a credit provider and provides an electronic facility for use by its clients. Similarly, it does not apply to a platform where the operator is the sole investor. However, if the operator itself lends or invests, it is likely to be carrying on the
[Added] DFSA RMI201/2017 (Made 14th June 2017). [VER40/08-17]