Yesterday, the Italian Financial Authority has formally announced the legislation on equity based crowdfunding and tomorrow the Regulation will be published on the Gazzetta Ufficiale. After the 15-day vacatio legis, equity-based crowdfunding will take legal effect in Italy, which becomes the first country in Europe to implement equity-crowdfunding laws.
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On 29/03/2013, CONSOB, the Italian equivalent of the Securities and Exchange Commission, published the Regulation implementing Article 30 of the Law Decree n. 179/2012 (Decreto Crescita), which introduced equity crowdfunding in the Italian Trattato Unico Finanziario (Financial Services Act). The regulation is now open for public consultation
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What are the numbers of crowdfunding in Italy? Report on the results of a recent survey carried out on Italian crowdfunding platforms has been released
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