Page 5 - ஜெர்மன் அமைச்சகம் ஆஃப் பொருளாதாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Karsten Wenzlaff of the German Crowdfunding Association Provides Insight into Harmonization of Pan-European Crowdfunding Rules Last year, the European Unionapproved pan-European crowdfunding rules that will apply to all member states thus finally offering a harmonized approach to online capital formation. Crowdfunding advocates and European platforms had long recognized the unnecessary friction intrinsic to raising capital based on national regulations instead of across the EU. The final legislation allows issuers the ability to raise up to €5 million during a 12 month period thus representing a significant improvement to the market. Industry participants embraced the changes that took years to be approved. Recently, the

United statesUnited kingdomKarsten wenzlaffGerman ministry of economyInstitute of communicationsEuropean parliamentEuropean commissionGerman crowdfunding associationEuropean crowdfunding service providerGlobal financial innovation networkGerman crowdfunding association bundesverbandCambridge centerEuropean union approvedBundesverband crowdfundingCrowdfuund insiderSocial media