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ESMA suggests EU set crowdfunding rules under capital markets union

( April 26, 2016, 13:24 GMT | Official Statement) -- MLex Summary: The European Securities and Markets Authority said it stands ready to draft rules and bring together practices of supervisors in the area of prospectus approvals, to carry out the EU’s capital markets union program. Among other suggestions, ESMA suggested allowing small companies to use international accounting standards to help attract investors, setting EU rules on crowdfunding, and harmonizing investment-fund disclosures.Statement follows. The response is attached....

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