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ISAs and crowdfunded debt securities

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HMRC is consulting until 5 September on draft amending regulations, which will allow certain debentures, debt securities and bonds issued as transferable securities by companies or charities, including those offered via crowdfunding platforms, to be eligible investments for the innovative finance ISA with effect from 1 November 2016. See http://bit.ly/2bbGnnM.

The government announced its decision in November 2015 to legislate for this change, following consultation last year.

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