Monday May 25, 2020

Crowdfunding may be regulated

Department of Finance considering move

17th July, 2016
PIc: Shutterstock

The Department of Finance is considering a move to regulate crowdfunding.

The move comes just weeks after the publication of a European Commission report which indicated that several EU member states have developed, or are developing, crowdfunding regulation.

The Department of Finance is thought to be keen to balance the need for greater access to finance for SMEs with the need for prudent regulation.

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