Aggregated News From Investment Management Regulators

ASIC releases new crowd-sourced funding report


Please complete the required fields.

9 April 2020

ASIC has released Report 657 Survey of crowd-sourced funding intermediaries: 2018-19 (REP 657). The report outlines findings from ASIC’s second industry survey, which tracks the growth and development of crowd-sourced funding (CSF) in Australia.

The survey covers the first full financial year (1 July 2018 to 30 June 2019) since the CSF framework was introduced in Australia. It is also the first survey period in which proprietary companies have been allowed to make CSF offers.

Australia’s CSF industry is still in its early stages, but it is growing as a source of capital raising. Some notable findings from our survey are:

ASIC will continue to engage with the CSF industry to facilitate innovation while ensuring investor trust and confidence is maintained.

Download Report 657 Survey of crowd-sourced funding intermediaries: 2018-19

Regulator Information

Abbreviation: ASIC
Jurisdiction: Australia

Recent Articles

Fraudsters Posing as Brokers or Investment Advisers – Investor Alert

The FBI Criminal Investigative Division and the United States Securities and Exchange Commission’s Office of Investor Education and Advocacy (OIEA) warn of fraudsters swindling investors while preten

Announcement: FMA imposes a sanction against S Immo AG for delayed publication of a proprietary transaction

The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 16,000.00 by means of a penal order under...

Origin Capital Group (clone of FCA authorised firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

Financial Stability Report (2020 annual report)​

Compliance Details javascript:commonShowModalDialog(‘{SiteUrl}/_layouts/itemexpiration.

Get the latest from Regulatory.News in your inbox!