Tag: crowdfunding regulation

social trading
July 27, 2018 BY LeapRate Staff

FCA proposes rule changes for loan-based Crowdfunding platforms

UK financial regulator The FCA has announced that it will be proposing changes to rules for crowdfunding platforms. Following a post-implementation review of its crowdfunding rules, the FCA is opening a consultation on new rules for loan-based crowdfunding platforms. The FCA is asking for responses to this consultation by October 27, 2018 before publishing rules in…

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social trading
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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