Friday, February 17, 2017

The lawmakers around the neck "crowdfunding, institutional improvements needed to enable investment."



The [Korea goyounghun financial newspaper reporter], with the Democratic Party will be held around the neck uiwonsil improvement Securities crowdfunding type Islands National Assembly Hall at 17 pm the eighth meeting room discussion. The ceremony, listening to the suggestions for the development of institutional securities crowdfunding type in the Act on Financial Investment Services and Capital Markets "is discussion around the content Presentation is in progress.

Crowdfunding is a way to raise investment funds by utilizing the medium of the Internet, including social media or means moeundaneun funds from the public. In Korea, after donation, circular, loan type, and it is divided into equity-type investments. There are many forms mainly for projects sponsored by funding from the arts and culture sector content. In the case of P2P, but are classified as finance loan type crowdfunding, gotta it not yet institutionalized in the country. The equity-type gotta required by law, which has been called crowdfunding type securities.

Securities type crowdfunding was implemented last year, from January 25, according to the Capital Market Law Decree. Meanwhile, the 14 brokers took part in an online microfinance investment intermediaries, By the end of 2016 to 115 255 cases of successful cases of attempted funding amount of 17.4 billion won was procured participating companies.

Day forum include The Manual lawyer crowdfunding companies wadi's, panelists include Kang Yoon-Koo lawyers, Korea crowdfunding Business Council and containers President, Inha University School of Law Sung - Hee bow professor gimgihan exaggerated and Dr Korea Consumer Agency yunminseop, Asset Management, Financial Services Commission of incremental and participation, etc. bakimchul executive director of the Korea Securities depository.

The lawmakers "need a system improvement reflects the reality to give you the growth of the securities Type crowdfunding scheme promising SMEs and social enterprises," "current crowdfunding is the initial target amount was a mere half of the 38.8 billion won investment activate the necessary conditions," said he said.



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