UPDATE ON INVESTMENT-BASED CROWDFUNDING
CYSEC FINALISES THE INVESTMENT-BASED CROWDFUNDING RULES The Cyprus Securities and Exchange Commission (the “CySEC”) has issued a Policy Statement setting out its finalised rules for investment-based crowdfunding which will be implemented by the way of a CySEC Directive due to be published in the official Gazette imminently. Crowdfunding may constitute an alternative method to traditional financing via which small and medium enterprises (“SMEs”) can obtain access to financing