The cdfa / Membership / Code of Practice

Code of Practice

The CDFA Code of Practice


As CDFIs are subject to varying regulatory regimes, none of which cover the whole sector in a clear and transparent way, the CDFA has worked to bring in shared standards to build stakeholder confidence.

We therefore developed a Code of Practice for the UK CDFI sector, with initial mentoring from the FSA. It has subsequently been welcomed by the Office of Fair Trading, public funders, trusts and foundations.

It is a requirement of membership that a CDFI signs up to the Code of Practice.  This is coming under close scrutiny as potential funders look to invest in the sector, and it is essential that we maintain high standards for our own self-regulation.

The Code of Practice is tied to CDFA’s CM2 Performance Framework, a monitoring and assessment tool which examines CDFIs in three key areas: financial, business operations and impact.

Download the Code of Practice (PDF)