All About Crowdfunding in UK -
Regulatory Body - Financial Conduct Authority (“FCA”) in the UK,
Fonded on 1 April 2013
The voice of crowdfunding in the UK - The UK Crowdfunding Association (UKCFA), Established in 2012
Legal framework - Financial Services and Markets Act 2000
(“FSMA”).
For Investors -
Investors includes :
• those who take regulated advice
• those who qualify as high net worth or sophisticated investors, or
• those who confirm they will invest less than 10% of their net assets in this type of security
Investment Limit
• No limit for investors advised by professionals, linked to corporate finance or venture capital firms, or those certified as sophisticated or high net worth.
• Not more than 10% of assets - excluding homes and pensions, for other investors.
For Ventures -
Limitation on capital Raised :