1. O EQUITY CROWDFUNDING E OS MEIOS ALTERNATIVOS DE FINANCIAMENTO.
- Author
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COUTO, ANA SÁ and ROMANO COLAÇO, FREDERICO
- Subjects
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CROWD funding -- Law & legislation , *SMALL business finance , *CAPITAL market laws , *CAPITAL market , *BUSINESS finance -- Law & legislation , *TWENTY-first century ,PORTUGUESE economy - Abstract
The rise of financing alternatives to traditional banking has been increasingly worthy of the attention of both market players and regulators. Crowdfunding, in all its different types, is one of the most popular of such fundraising alternatives. Equity crowdfunding has been deserving of a differentiated treatment by young entrepreneurs, startups and SMEs, due to its potential for disruption. However, it presents sensible regulatory challenges to the capital markets sector. Consensus has not been reached on how to properly mitigate the risks that such investments entail. In the absence of specific regulation, doubts persist on which regulatory framework should apply to equity crowdfunding, both on national and European level. Such indefinition has created an area with rising opportunities to create a legal model that allows for the fulfilment of the mechanism's potential. [ABSTRACT FROM AUTHOR]
- Published
- 2015