Tagged: consob

Italy Can’t Decide Which Agency Will Regulate Securities Crowdfunding Under New EU Rules

In November of 2021, the European Union announced pan-European securities crowdfunding rules. While there are still certain details being worked out, effectively an issuer may now list a security on an online investment platform and raise capital across all EU member states. European Crowdfunding Service… Read More

Italian Regulators Shut Down Two Crypto Firms, Project Crypto GreenEarth and Bitsurge

Consob (Commissione Nazionale per le Società e la Borsa) the Italian agency that regulates the securities industry, has put a halt to two crypto-based offerings, according to postings on their site. Both companies have received a 90 day suspension on a “precautionary basis” and are banned… Read More

Italian Regulator CONSOB Updates Crowdfunding Rule to Apply to All SMEs

The Italian financial markets regulator (Consob – Commissione Nazionale per le Società e per la Borsa) has issued resolution No. 20204, a new regulatory provision updating the regulation that introduced equity crowdfunding in Italy. Italy was one of the first European countries to issue a… Read More

Symbid Heads South. Receives Approval to Operate in Italy

Investment crowdfunding platform Symbid has received approval from Italian securities regulatory CONSOB to launch Symbid Italia.  The new venture by Symbid is in partnership with Banca Sella and is expected to go live in Q4 of 2015.  The news of the strategic expansion was revealed… Read More

Tommaso D’Onofrio, CEO of Assiteca Crowd & President of European Equity Crowdfunding Association Incites Change in Alternative Finance in Italy and Abroad

European Alternative Finance Benchmarking Survey UPDATE Since late November, the University of Cambridge teamed up with EY, the global professional services organization, and launched the European Alternative Finance Benchmarking Survey with the support of major European industry associations. As readers may know, this is the largest study to date on crowdfunding,… Read More

Italy-Crowd Real Estate Crowdfunding Platform Now Live

Following the launch of Swiss-Crowd, entrepreneur Augusto Vecchi has announced the launch of Italy-Crowd: a real estate crowdfunding platform for Italy.  Italy-Crowd, operating out of the same offices in Switzerland, is the first real estate crowdfunding site targeting the Italian market. In a recent article… Read More

Equity Crowdfunding in Italy Today

Following the white paper “Restart Italia”, at the end of 2012 prepared by a task force of experts for the Minister of Economic Development, the Italian Parliament issued a law on startups including equity crowdfunding that was finally made possible by CONSOB (the Italian Authority… Read More

After Six Months, Mixed Sentiment On Crowdfunding In Italy

In June of 2013, we published a breakdown of equity crowdfunding in Europe. At the time, there was a lot of hype surrounding recent developments out of Italy, where the country’s regulatory body (CONSOB) was mulling over implementing rules for equity crowdfunding. It turns out… Read More

Italy’s Growth Act Implemented Ahead of ​the American JOBS Act

This article was submitted to Crowdfund Insider by David Drake, founder and chairman of LDJ Capital and The Soho Loft. Italy has just circumvented the delay of the US in changing its laws in order for crowdfunding for equity to become a functional law and… Read More

The New Italian Equity Crowdfunding Laws: where are the limits?

It’s been three weeks since the publication of the Consultation Document on the Regulation on Crowdfunding by the Italian Financial Authority CONSOB. Three weeks full of discussions, praise and criticism of the regulation. I have had the opportunity to discuss it with many people from various sectors and I… Read More

Italy coming out first on equity crowdfunding? It could be done! Eventually…

I had the opportunity to partecipate today in Rome to the first open hearing, held by Consob (the Italian SEC) on equity crowdfunding. The conversion into law of Decreto Crescita, has delegated  Consob to issue the regulatory framework on equity crowdfunding in Italy, with a… Read More

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