Regulatory Alerts2017-05-28
Proposed Equity-Based Crowdfunding
The Central Bank of Bahrain issues Module OFS to regulate the issuance and offering of securities within its jurisdiction. The rule establishes comprehensive eligibility criteria for equity, debt, asset-backed, and Islamic securities while outlining specific permission requirements and offering methods such as public offerings and private placements. It further mandates filing procedures for offshore offers marketed domestically, defines exemptions for equity crowdfunding through licensed platforms, and imposes strict compliance standards on structured products and their advisors.
Share