Wednesday 4 May 2016

Europe: Commission report on crowdfunding in the European Union

The European Commission has published, as part of its Capital Markets Union Action Plan, a report on crowdfunding in the European Union: see here (pdf). The report finds that Member States have started to develop national frameworks to support the development of crowdfunding and that these frameworks are broadly consistent in terms of objectives and outcomes. Noting that crowdfunding remains largely local, and subject to rapid change, the report concludes that there is no strong case for an EU level crowdfunding framework at the moment.

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