The Daily Dig for Wednesday, June 17

Great Britain angling for EU TBTF exemption

Great Britain may be on the verge of winning an exemption from the European Union’s  “too big to fail” law because it says it is reining in trading risks. Huw Jones reports.

The pros and cons of private credit options from a wealth management perspective

The reluctance of traditional lenders to provide credit has helped private sources gain a foothold in the marketplace. Before you jump in, weigh the risks, writes Bob Jesenik.

Chinese tech firm to invest in U.K. P2P

Beijing Kunlun has agreed to invest £22 million in U.K.’s LendInvest in a deal LendInvest claims is the biggest first round fintech investment in the region’s history. Read the Pinsent Masons article here.

FICO to endure short-term pain for long-term gain in Chinese P2P sector

Seeing a need in Chinese internet finance, FICO said it is willing to accept early losses in order to gain a foothold in an industry that has increased more than 12-fold in two years. Read the Bloomberg post here.

$2M New Zealand equity crowdfunding limit seen as too low

A New Zealand entrepreneur said the country’s $2 million limit on equity crowdfunding is a good start but it will probably need to be increased in the future. Fiona Rotherham reports.

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