Jonny Fry Posted

 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...