2016-01-14

New Rules Adopted for Securities-Based Crowdfunding

The Financial Services Commission of South Korea adopted amendments to the Enforcement Decree of the Financial Investment Services and Capital Markets Act on January 5, 2016. These amendments establish comprehensive regulatory frameworks for domestic companies issuing and selling securities through crowdfunding platforms. The updated rules align domestic crowdfunding practices with existing capital market regulations, thereby facilitating greater access to funding for businesses while enhancing investor protections.

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New Rules Adopted for Securities-Based Crowdfunding

Date

2016-01-14

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New Rules Adopted for Securities-Based Crowdfunding_.pdf (fileSize: 141KB)

The Financial Services Commission announced that amendments to the Enforcement Decree of the Financial Investment Services and Capital Markets Act that provide new rules for companies offering and selling securities through crowdfunding were adopted on January 5, 2016.

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