SA financial sector authority drafts another paper on equity crowdfunding

While some may be wondering when South Africa will get its own regulations governing equity crowdfunding, the authority that oversees financial regulations in South Africa appears to be in no rush to draft rules — having recently completed yet another internal paper on crowdfunding.

The latest — a position paper on crowdfunding regulations — follows the drafting of a research paper by the Financial Sector Conduct Authority (FSCA) on equity crowdfunding regulations that the body (when it was still known as the FSB) completed in 2017.

The lack of regulation has been cited by some in the sector as the reason why […]

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