Revised proposal for an EU crowdfunding passport provides for EU-wide ICOs

We had informed you in July about the proposal for an EU crowdfunding framework. Pursuant to this proposal, crowdfunding service providers would be entitled to the cross-border offering of crowdfunding-projects to investors throughout the European Union. As alternative to existing national and usually not harmonised crowdfunding rules, this new regime would serve to facilitate Europe-wide […]

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Welcome to the Team – our New Joiners

Our Team of PwC Legal Austria has grown and has some new members. Welcome to all of you, we are glad you are here. We would like to introduce you to three of our New Joiners: Karl Koller, new Partner and leader of the practice group Real Estate, Stefan Paulmayer and Evgeny Rodionov, both Senior […]

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The proposed EU Crowdfunding Passport explained

While fundraising on the capital market will be simplified for issuers under Austrian law, the European Commission has in spring 2018 introduced its own plans for a crowdfunding framework. The cornerstone of the new framework is the proposal for a Regulation on European Crowdfunding Service Providers (ECSP) for Business (the “Crowdfunding Regulation”). The initiative of […]

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Crowdfunding rules to be simplified

Fundraising on the capital market will be simplified for issuers. On 4 July 2018 the Austrian national chamber of the parliament has voted to approve a federal law that will significantly amend the Austrian Capital Markets (CMA) and the Austrian Alternative Financing Act (AFA). The law has been confirmed by the federal chamber of the […]

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