Finance

The Belgian Financial Services and Markets Authority adds crowdfunding to its communication on public offers that are exempted from the prospectus obligation

9 November 2016

On 27 October 2016, the Belgian Financial Services and Markets Authority (FSMA) released its amended communication on public offers that are exempted from the obligation to publish a prospectus. Providers who wish to publicly offer a crowdfunding type of investment can also benefit from the statutory prospectus exemption. Statutory prospectus exemption for crowdfunding The applicable