March 2014

Nabarro summary of FCA policy statement 14/4

Briefing 27 March 2014 FCA publishes policy statement on crowdfunding regulation Author: Sam Robinson Partner T + 44 (0)20 7524 6836 sj.robinson@nabarro.com View profile Co - Author: John Finnemore Senior Associate T + 44 (0)20 7524 6432 j.finnemore@nabarro.com Summary and implications On 6 March 2014, the Financial Conduct Authority (FCA) published Policy Statement 14/4 (Policy Statement) outlining the FCA's...

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EU commission issues press release on crowd funding

http://europa.eu/rapid/press-release_MEMO-14-240_en.htm   Crowdfunding offers many benefits that fit in with the wider objectives of the European Commission. The European Council in its June 2013 conclusions emphasised the need to develop alternative sources of financing in close cooperation with Member States. The Entrepreneurship 2020 Action Plan (see IP/13/12) aims to increase...

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New promotions rules to affect EIS, crowdfunding and other ‘non-readily realisable securities’

New promotions rules to affect EIS, crowdfunding and other ‘non-readily realisable securities’

The FCA has announced that its proposal to restrict the retail promotion of unlisted equity and debt securities will go ahead.
The new rules will affect only direct offer financial promotions: those where the manner of responding to the promotion is specified or those including a form by which a response may be made.

Growthfunders crowdfunding platform is launched

  Growthfunders The North East’s first online equity crowdfunding platform has been launched to match ambitious entrepreneurs with great business ideas to a range of investors. The site has been launched by entrepreneurs Craig and Norman Peterson, who have a wealth of experience having supported entrepreneurs who are...

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