The Capital Markets (Investment-Based Crowdfunding) Regulations

23. Restrictions on crowdfunding platform operator

Edition: 2022-12-31 · In force

(1)A crowdfunding platform operator is prohibited from—

(a)raising own funds through its own platform;

(b)offering investment advice;

(c)handling investor funds;

(d)promising a guaranteed return to investors; and

(e)promising a guaranteed outcome of the offer to the issuer.

(2)An issuer shall not host an offer concurrently on multiple crowdfunding platforms.