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Singapore eases access to crowdfunding for start-ups

( June 8, 2016, 07:01 GMT | Official Statement) -- MLex Summary: The Monetary Authority of Singapore is set to make regulatory changes to ease the access of start-ups and small and medium enterprises to securities-based crowdfunding. The changes will include allowing securities-based crowdfunding platform operators to rely on the existing regulatory framework, which allows offerors to raise up to S$5 million from retail investors without having to issue a prospectus, and reducing from S$250,000 ($184,500) to S$50,000 the financial requirements for securities-based crowdfunding platform operators that seek to raise funds only from accredited and institutional investors.  The regulator's statement follows:...

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