CMA invites public input on draft regulatory framework for equity crowdfunding

25/04/2022 Argaam
Logo of Capital Market Authority

Logo of Capital Market Authority

The Capital Market Authority (CMA) invited the public to send their opinions and suggestions on the draft regulatory framework for equity crowdfunding for a period of 45 days ending on June 9.

 

The draft aims to support financial technology innovations in the capital market by setting out a regulatory framework for equity crowdfunding, including determining the requisite authorization for practice by capital market institutions.

 

It also seeks to enable companies that have a financial technology experimental permit to get the appropriate authorization for practice as a capital market institution, in line with international best practices.

Draft Regulatory Framework for Equity Crowdfunding Public Consultation Form

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