News

SME Portal Takes Steps to Spur on Referral System

In an effort to quicken the realization of the government’s banking referral plan, the platforms behind alternativebusinessfunding.co.uk have offered to place the portal under neutral and independent management. continue reading...

New Crowdfunding Platform Takes Flight

The London Entrepreneurial Exchange (E2Exchange), headed by Sir Richard Branson, is behind the launch. The platform is called Ice Dragons – and will connect high-quality, ambitious start-ups with high net-worth investors. It is being delivered in partnership with the Welsh Innovation Centre for Enterprise (ICE). E2Exchange...

EUROPEAN COMMISSION Directorate General Internal Market and Services looking for experts on crowd funding

  CALL FOR APPLICATIONS FOR PARTICIPATION IN A EUROPEAN COMMISSION INFORMAL EXPERT GROUP "EUROPEAN CROWDFUNDING STAKEHOLDER FORUM" (ECSF)   FINANCIAL MARKETS Securities markets     continue reading...

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...

Results of the EU Commission's consultation on crowdfunding

Today, the EU commission announced the results of the consultation on crowdfunding.  893 responses were received.  All  available to read under further links in this document: http://ec.europa.eu/internal_market/consultations/2013/crowdfunding/index_en.htm...

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...

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.

New Zealand: Equity crowdfunding gets green light from the Minister – no individual investor caps

Equity crowdfunding gets green light from the Minister – no individual investor caps Cabinet has today approved the regulations for equity crowdfunding which will come into force on 1 April. Equity crowdfunding will allow businesses to raise up to $2 million from investors, via a licensed...