UK watchdog proposes more flexibility for crowdfunding platforms

January 21, 2016 12:50 PM

23 0

LONDON Jan 21 Britain's financial watchdog on Thursday proposed giving crowdfunding platforms flexibility in how they handle money from investors after complaints the existing regime is too burdensome.

Crowdfunding refers to funding a project by raising small sums of money from a large number of people, typically over the Internet.

Also read: Accounting Blowup at Steinhoff Was Hiding in Plain Sight

Read more

To category page