Alhammad, MM;
AlOthman, R;
Tan, C;
(2021)
Review of Crowdfunding Regulations across Countries: A Systematic Review Study.
Journal of Information Systems Engineering and Management
, 6
(4)
, Article em0145. 10.21601/jisem/11395.
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Abstract
In recent years, the financial industry is seeing rapid implementation of an increasing number of new technologies. In crowdfunding campaigns, borrowers, potential investors, and platform providers may face some issues in terms of information disclosures, selecting an appropriate threshold, and platform insolvency. However, there is insufficient research to provide a cohesive view of the regulatory framework for crowdfunding platforms. This research offers comparative and comprehensive insights through a systematic literature review (SLR) in analyzing the existing regulatory environment across countries. The results suggest the fundamental regulatory framework in supporting startups, early-stage companies, innovation and entrepreneurs, and balancing investor protections and support for businesses seeking to raise funds, particularly in protecting client’s fund, crowdfunding advertising law, fundraising and investment limit, authorization and disclosure obligations. This study contributes to providing a comprehensive understanding of crowdfunding regulatory frameworks and informing governments or policymakers in the future development or reform of crowdfunding regulation frameworks.
Type: | Article |
---|---|
Title: | Review of Crowdfunding Regulations across Countries: A Systematic Review Study |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.21601/jisem/11395 |
Publisher version: | https://doi.org/10.21601/jisem/11395 |
Language: | English |
Additional information: | © 2021 by Author/s and Licensed by Veritas Publications Ltd., UK. This is an open access article distributed under the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/). |
Keywords: | crowdfunding, crowdlending, equity crowdfunding, FinTech, regulatory frameworks, policies, systematic literature review |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences > Dept of Space and Climate Physics |
URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10139897 |
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