A regulation for online investing has been on the table of Angela Merkel for a while, as a measure to foster the growth and establishment of a digital economy in Germany. The approved version of the Small Investors Protection Bill includes a reviewed Crowdinvesting Exemption, which leaves out previous proposed points regarding the investment information sheet mailing and signature and increases the cap under which fundraisers don’t need to produce a long prospectus from €1million to €2.5 million. Furthermore, the investment limit for retail investors has been increased up to €10,000 if they can provide a proof of their assets or income of a level deemed sufficient to bear the risk of loss. Otherwise it remains at €1,000.
Germany’s crowdinvesting regulation seems to have followed, at least partially the feedback and opinions coming from the interested audience in the field.
Read the whole article on Crowd Valley Blog.