On July 1, 2015, ESMA published Q&As on anti-money laundering and terrorist financing in investment-based crowdfunding platforms. The Q&As aim to encourage common supervisory approaches and consistent application of anti-money laundering and terrorist financing rules to investment-based crowdfunding platforms. The Q&As deal with questions related to the treatment of investment-based crowdfunding under the Anti-Money Laundering Directive, the differences in risk profiles of platforms operating inside or outside a regulatory regime or within the scope of MiFID, and how to mitigate risks.
The Q&As are available at: http://www.esma.europa.eu/news/ESMA-issues-QA-anti-money-laundering-and-investment-based-crowdfunding-platforms.
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