Equity-based crowdfunding regulation in Finland and United Kingdom
Kettunen, Joel (2016)
Metropolia Ammattikorkeakoulu
2016
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2016052610007
https://urn.fi/URN:NBN:fi:amk-2016052610007
Tiivistelmä
The aim of this research is to identify and interpret the key regulative differences between Finland and the United Kingdom in equity crowdfunding and how cross-border equity crowdfunding operations should be conducted.
Equity crowdfunding has been a booming industry in recent years. However, analysis of regulative differences between two Member States of the European Union has not been made and cross-border aspects of equity crowdfunding have not been looked into in detail. For this reason, the author has decided to research the regulative differences and similarities between Finland and the UK in equity crowdfunding and give suggestions as to how cross-border operations should be set up.
This thesis uses a qualitative descriptive method to answer the research questions and compares the differences and similarities between the two Member States. Data sources for the research are mostly secondary sources coming from either independent researchers or governments or government entities.
The results show that even though there are regulative similarities due to EU harmonisation, differences in regulation still exist and crowdfunding platforms need to assess markets before entering. Cross-border operations in Finland and the UK seem to be feasible according to the study and best practices are recommended.
Equity crowdfunding has been a booming industry in recent years. However, analysis of regulative differences between two Member States of the European Union has not been made and cross-border aspects of equity crowdfunding have not been looked into in detail. For this reason, the author has decided to research the regulative differences and similarities between Finland and the UK in equity crowdfunding and give suggestions as to how cross-border operations should be set up.
This thesis uses a qualitative descriptive method to answer the research questions and compares the differences and similarities between the two Member States. Data sources for the research are mostly secondary sources coming from either independent researchers or governments or government entities.
The results show that even though there are regulative similarities due to EU harmonisation, differences in regulation still exist and crowdfunding platforms need to assess markets before entering. Cross-border operations in Finland and the UK seem to be feasible according to the study and best practices are recommended.