New European prospectus legislation and the 5thMoney laundering directive will help STOs
 
The European Union last year agreed on new prospectus regulationsthat will come in to force on 21/07/19, which will give clarity as to how much capital a company is able to raise when doing a securities offering in each member state. It will be possible to raise up to Euros 8 million within any 12-month period from the general public, without the need for a prospectus.
The summary below shows the different amounts that each country will allow to be raised before a prospectus is required:

 
This new regulation will...