REGULATING THE UNREGULATED: THE ADVENT OF FINTECH REGULATIONS AND THEIR IMPACTS ON EQUITY-BASED CROwDFUNDING

被引:0
|
作者
Aydemir, Murat [1 ]
Aysan, Ahmet Faruk [2 ]
机构
[1] Hamad Bin Khalifa Univ, Coll Islamic Studies, Islamic Finance & Econ, POB 34110, Ar Rayyan, Qatar
[2] Hamad Bin Khalifa Univ, Coll Islamic Studies, Res, POB 34110, Doha, Qatar
来源
BRICS LAW JOURNAL | 2023年 / 10卷 / 03期
关键词
crowdfunding; regulation; investment; risk; equity-based crowdfunding; ECF platform; Fintech; MODEL;
D O I
10.21684/2412-2343-2023-10-3-4-18
中图分类号
D9 [法律]; DF [法律];
学科分类号
0301 ;
摘要
The concept of equity-based crowdfunding (ECF) has become one of the latest innovative financing alternatives for startups and SMEs throughout the world during the last decade. This article aims to assess the revised crowdfunding directive of Turkey and its role in the development of the ecosystem. The concept of ECF is elucidated with its stakeholders, challenges, and solutions. Then the effect of the revised regulation is analyzed through a case study of the first active ECF platform in Turkey, Fonbulucu. Finally, the article discusses the potential improvements to the existing directive considering the practices of Fonbulucu.
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页码:4 / 18
页数:15
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