September 12, 2017 BY LeapRate Staff

ASIC to take crowdfunding license applications beginning September 29

Australia financial regulator ASIC has announced that from 29 September 2017, the new crowd-sourced funding (CSF) regime will come into effect and ASIC will begin accepting licence applications from CSF intermediaries. Under the CSF regime, eligible public companies will be able to make offers of fully paid ordinary shares to a large number of investors…

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