Brussels, 02/03/2015 (Agence Europe) - The European Banking Authority (EBA) believes that the existing financial rules could be put to use to create a better framework for crowdfunding activities.
According to the European authority, a convergence of the supervision practices on crowdfunding is “…desirable in order to avoid regulatory arbitrage, create a level-playing field, ensure that market participants can have confidence in this market innovation”, and it should be “based on...