Authentic statutory obligations decomposed into atomic machine-actionable conditions, actions, and verification standards.
Small and medium-sized enterprises (SMEs) could access finance more easily after the FCA sets out practical steps to help.
An FCA review found no evidence that its regulation is a major barrier for SME access to finance. Many of the challenges identified relate to wider market, information and capability challenges.The review found that the challenges are often greatest for microbusinesses, which make up 95.5% of all SMEs and are less likely to use external finance. Limited awareness of finance options, complex application processes, duplicated checks, and difficulti
