This report by Ed Mayo and Andy Mullineux sets out to answer the question “what regulatory framework will be most appropriate for community development finance institutions in the UK over the next ten to fifteen years?” In order to answer this, the authors assess the overall regulatory framework for financial services and highlight what the key trends are likely to be. The report also focuses on the current legal and regulatory status of Community Development Financial Institutions including perceived problems and future needs and assesses options for future regulation.