GCC

Bahrain issues new crowdfunding regulations  – Gulf Insider

[ad_1]

The Central Bank of Bahrain has set new rules governing crowdfunding-based activities as the country looks to open up more avenues of funding for smaller businesses and broaden the pool of liquidity.

See also  The Hits Just Keep On Coming: China Suffers Biggest FX Outflow Since 2016 Amid Sudden Surge In Capital Flight - Gulf Insider

The move follows a comprehensive review of existing regulations and contains rules regarding both equity and financing-based crowdfunding.

The new regulations include principles governing the conduct of operations by the platform, rules on platform offers and disclosures, avoiding conflicts of interest, as well as segregating client money from platform operators to ensure the safe operation of the activity.

See also  An Expat arrested for Trading immoral products in Riyadh - Ministry of Commerce

Comments



[ad_2]

Source link

ismailsesa

Works as an in-house Writer at Gulf Tech Plus and focuses on the latest smart consumer electronics. Closely follows the latest trends in consumer IoT and how it affects our daily lives. You can follow him on Facebook, Instagram & YouTube.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button