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Legal Aspects of Crowdfunding (Hardcover, 1st ed. 2021)
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Legal Aspects of Crowdfunding (Hardcover, 1st ed. 2021)
Series: Ius Comparatum - Global Studies in Comparative Law, 55
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This book offers a comparative perspective on 18 countries' legal
regulation of crowdfunding. In the wake of the financial crises of
2008, use of this alternative financing method has increased
substantially, in various forms. Whereas some states have adopted
tailor-made regimes in order to regulate but also encourage this
way of financing projects, allowing loans to be made by non-banking
institutions, others still haven't specifically addressed the
subject. An analysis of these diverse legislative stances offers
readers a range of legal solutions for managing crowdfunding
activities with regard to e.g. protecting investors, imposing
limits on project owners, and finally the role and duties of
intermediaries, i.e., companies operating crowdfunding platforms.
In addition, the content presented here provides a legal basis for
states and supranational organizations interested in regulating
this phenomenon to achieve more legal certainty.
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