Regulatory Alerts2017-02-13
DFSA Consultation Paper No. 111 on Crowdfunding Framework for SME Financing
The Dubai Financial Services Authority (DFSA) proposes a new regulatory framework for investment-based crowdfunding platforms operating in the DIFC. The proposal extends existing loan-based platform rules by establishing core regulatory fundamentals and addressing specific operational risks for firms raising capital through online portals. The DFSA invites comments from authorized firms, professional service providers, and potential investors by 15 March 2017 to finalize the crowdfunding regulations.
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