As a general rule I avoid anything to do with financial services like the plague, and so every now and again I have to ask basic questions ...
If I have a friend in the US who wants to borrow say a few million off me on a short term basis whilst he negotiates his way through a share float, beyond the money laundering angle, do I need to be registered with the FCA? Anyone else? What if I do it through a limited company?
Are we still able to do this sort of thing without interference?
Thanks
Replies (1)
Please login or register to join the discussion.
Private transaction?
If so, then I don't think the ML regulations apply. However, the banks may ask a few questions.
Why would you want to do it via a ltd company?