MAS takes first steps towards crowdfunding regulations


The Monetary Authority of Singapore (MAS) today joined the handful of jurisdictions that have moved to regulate crowdfunding, publishing a consultation paper on new rules for small firms looking to raise funds through securities issuance.

The proposals seek to steer a course between protecting investors and allowing a valuable source of finance for small businesses to develop.

Crowdfunding, the practice of obtaining investment finance via a large number of small contributions, falls into two

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