Out-Law on 20 August published an article saying that businesses hoping to raise funds through public ‘initial coin offerings’ (ICO) would be obliged to make a series of disclosures to prospective investors about themselves, the nature of their projects and the risks inherent in the investment under new rules proposed by an MEP.
https://www.out-law.com/en/articles/2018/august/initial-coin-offerings-regulation-eu-crowdfunding-rules/
The draft report is at –
http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&reference=PE-626.662&format=PDF&language=EN&secondRef=02
Like this:
Like Loading...
Related
Author: raytodd2017
Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section
View all posts by raytodd2017
raytodd.blog 