Eureeca

Regulation for equity crowdfunding is unchartered territory in the emerging markets. One of the main challenges is the process of fine-tuning the details of the regulatory environment takes time and effort, and collaboration from many entities working towards safeguarding the interests of both the businesses that are seeking funding as well as the investors. The industry needs to develop in a safe and sound manner and countries need to adapt their regulatory, supervisory and consumer protection framework to address the unique risks Equity Crowdfunding. Eureeca is pioneering these changes by continuing to work closely with regulatory authorities and governments in the across the Middle East and Southeast Asia to ensure that the industry as a whole moves forward in the right direction, within the most appropriate legal framework, to ensure that all parties are best protected. As a direct result, Eureeca was able to successfully work with the appropriate authorities in Dubai to secure the very first licence to operate as an Equity Crowdfunding platform in the DIFC. Obtaining the DFSA license entrenches Eureeca’s position as the most regulated Equity Crowdfunding platform globally and creates a corridor of investment opportunities between Europe, the Middle East and Southeast Asia. In an ongoing effort to educate regulators in emerging markets, Eureeca is working in cooperation with relevant authorities in Indonesia, Thailand, the Kingdom of Saudi Arabia (KSA) and Bahrain to set up appropriate regulatory frameworks within each country that will enable equity crowdfunding platforms to set up business in a safe and secure manner.