Tagged: EU

May 3, 2016 @ 9:39 am By JD Alois  |  

  The European Commission, as part of the  Capital Markets Union (CMU), has published a working document on investment crowdfunding as it seeks to boost access to capital for SMEs. The relevance of the publication is even more important in light of the tepid economic… Read More

April 29, 2016 @ 9:50 am By Therese Torris  |  

  Earlier this year, the crowdfunding sector represented by the European Crowdfunding Network (ECN) the UK Crowdfunding Association, Financement Participatif France and Nederland Crowdfunding had called on the Parliament and the European Council to be very ambitious with the planned revision of the Prospectus Directive…. Read More

April 22, 2016 @ 11:00 am By JD Alois  |  

EC Commissioner Jonathan Hill delivered a speech yesterday addressing the Capital Markets Union and other areas of financial services that are important to the economy of Europe. Hill, a UK national and former member of the House of Lords, holds the portfolio for Financial Stability, Financial… Read More

April 21, 2016 @ 10:23 am By JD Alois  |  

Seedrs CEO and co-founder Jeff Lynn has been very vocal on the topic of the UK departing from the European Union.  The “Brexit” referendum is scheduled to take place on June 23rd but predictions are mixed as to whether voters will decide to remain part… Read More

February 27, 2016 @ 7:52 am By JD Alois  |  

The European Commission is in the midst of a consultation as to how they may improve retail financial services to consumers across Europe.  The challenge, of course, is not just within individual countries, but in the diversity of cost, structures and regulatory approaches that pepper… Read More

November 19, 2015 @ 8:30 am By JD Alois  |  

A partnership between the Crowdfunding Hub, European Network of Crowdfunding Professionals and FG lawyers (Dutch boutique law firm with a special focus on alternative finance and fintech), has launched pan-European research to identify the liability risk in respect to the various forms of crowdfunding. Entitled… Read More

November 17, 2015 @ 7:39 am By JD Alois  |  

The EU’s VAT Committee has published its review of the liability to VAT of crowdfunding activities. The Committee stated that “where platforms provide services free of charge40 they remain outside the scope of application of the VAT Directive”.  But where services generate a fee, such… Read More

October 21, 2015 @ 1:27 pm By Samantha Hurst  |  

Fellow Finance announced this week that it is now open for investors with a bank account within European Union (EU) or Single Euro Payments Area (SEPA). Fellow Finance is an online marketplace for high-performing unsecured consumer loans. For investors Fellow Finance offers a possibility to… Read More

October 12, 2015 @ 10:26 am By JD Alois  |  

The European Parliament has adopted the proposal by the European Commission regarding a revised directive on payment services – also called PSD2. The law was originally proposed in July of 2013.  The legislation is designed to protect consumers when they make payments online and via… Read More

September 29, 2015 @ 12:12 am By JD Alois  |  

PwC has recently published an interesting report on the European Capital Markets Union (CMU).   The European Commission has an objective to diversify and improve access to capital.  Knocking down barriers and streamlining processes to accomplish this goal should be good for the entire EU… Read More

September 7, 2015 @ 12:31 pm By JD Alois  |  

EU Commissioner Jonathan Hill warned this past weekend about being too reliant on traditional banks.  Hill, who is Commissioner for Financial Services and Capital Markets, was interviewed by CNBC where he expressed his interest in crowdfunding as well as his concern that too much regulation… Read More

July 27, 2015 @ 3:35 am By Midori Yoshimura  |  

  Asset-backed finance has been chosen as the next round of lending for the Strategic Banking Corporation of Ireland (SBCI), which was set up in 2014 to offer low-cost loans to lenders, according to a recent story in the Independent. The SBCI, led by Scotsman Nick… Read More

July 26, 2015 @ 10:26 pm By JD Alois  |  

The European Securities & Markets Authority (ESMA) has published a Q&A addressing the potential for nefarious characters to abuse investment crowdfunding to launder cash or provide financing to terrorist organizations.  This is a subject the traditional banking sector knows rather well as they are subjected… Read More

June 26, 2015 @ 6:22 pm By JD Alois  |  

“High-quality, easily comparable financial information on the companies seeking crowdfunding or peer-to-peer lending should be available across borders” state MEPs The European Parliament issued a statement last week regarding the hot topic of the Capital Markets Union (CMU) across the European Union. One of the… Read More

May 21, 2015 @ 9:23 am By JD Alois  |  

The Financial Services Users Group (FSUG) has launched a survey to measure perspectives on crowdfunding across the European Union. The FSUG is a “consultative group” for the Commission and is targeting investor opinion regarding both debt and equity crowdfunding platforms. The notice of the survey… Read More

May 13, 2015 @ 12:05 am By Barry James  |  

EU Poised to Tax Crowdfunding Campaigns Potentially Killing Off Source of SME Funding Will Crowdfunders from the US and across the world be caught in the crossfire as the EU quietly prepares to declare war on the Internet’s behemoths? The European Union is considering the… Read More

April 29, 2015 @ 10:36 am By JD Alois  |  

The European Crowdfunding Stakeholders Forum, created in 2014 comprised of a diverse group of stakeholders in the emergent crowdfunding sector, met last month in Brussels. Unfortunately for those unable to attend these gatherings are not live-streamed (something we compliment the US SEC on doing). There… Read More

April 21, 2015 @ 9:58 am By JD Alois  |  

The European IPO report recently published a report that was delivered to the European Commission as part of the discussion on the Capital Markets Union. Three associations came together as part of this IPO task force to create the document advocating change in the EU…. Read More

April 21, 2015 @ 7:10 am By JD Alois  |  

Invesdor intends to become the largest cross-border investment crowdfunding platform in Europe. Invesdor, an investment crowdfunding platform based in Helsinki, has claimed the first EU license MiFID licence by financial authorities, to expand debt and equity crowdfunding services across all 31 EU and EEA countries. This level of operational… Read More

March 31, 2015 @ 2:24 pm By Erin Hobey  |  

In a release, InvestUp MD and Co-Founder James Tuckett opined on Massolution’s Crowdfunding Report.  An excerpt follows: It’s not often that we get to write about the only global report on crowdfunding worth talking about. And this one’s doubly special, as we’ve waited for over two… Read More