Interesting to consider the extent to which the implementation of the Alternative Investment Fund Managers Directive provides an opportunity to introduce some certainty and proportionate regulation for direct finance platforms via the small firms registration option - perhaps along the lines suggested in the submission to the Breedon Taskforce and subject to criteria of the kind referred to in Title III to the JOBS Act designed to enable crowdinvesting.
Is it too much to expect Business Innovation and Skills and the Treasury to have already considered and discussed this?
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