Crowdfunding eligibility criteria mitigated by angel investors 'half'

The performance criteria for recognition as a [South Korea nine hyerin financial newspaper reporter] 23 days' qualified angel investors, professional investors from being included in the range of crowdfunding is mitigated by the existing half.

Financial Services Commission said that mitigate the crowdfunding recognized professional investors through a range of FSC Decision 3rd 22 days.

When recognized as professional investors, there are no restrictions on crowdfunding investment limits. Range of professional investors are banks, insurance companies, securities companies, savings banks, financial companies and pension funds, mutual aid corporation, financial investments balance is more than 10 billion won its domestic subsidiaries. In addition, there are investment professionals such as accounting firms, including professionals and qualified angel investors.

To receive this award acknowledges the current regulations as "qualified angel investors' establishment of two years. Had to pass through a venture company based on investment performance.

According to the investment performance standards proposed amendment, if one counts invest 1 billion yuan, more than two cases are mitigated by the criterion of 40 million won 50 million won, 20 million won, respectively. Jean will be reduced to half. The Angel Investment Association also ease the requirements, qualified angel investors "to the same level.

Day Financial Services Commission said that improving the rational 'regulations regarding such issuance of securities and disclosure, so that more investors and companies to participate in the crowdfunding market.

Revised regulations are implemented immediately 23rd.



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