EU crowdfunding rules nailed down by ESMA

( February 26, 2021, 12:52 GMT | Official Statement) -- MLex Summary: EU crowdfunding providers will need to test all prospective participants for financial means and knowledge, says a draft regulation published by the European Securities and Markets Authority. The draft also sets out rules on defaults, conflicts of interest and business continuity for online platforms that seek to aid corporate fundraising.ESMA CONSULTS ON REGULATING CROWDFUNDING...

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