Finance considers public consultation on crowdfunding

Department considering to regulate sector

The Department of Finance looks set to launch a public consultation in the coming weeks to seek views on crowdfunding, and has been researching the rapid growth of crowdfunding in other European markets.

The department is considering a move to regulate crowdfunding, an alternative source of finance that has proven popular among SMEs. It recently sought the Central Bank’s views on how best to proceed in relation to the regulation of crowdfunding, and ...