Legal Updates: October 2012

The latest legal news including crowdfunding rules are tightened, legal costs of business ownership revealed and squatting is made a criminal offence

FSA to tighten rules on crowdfunding

The Financial Services Authority (FSA) has issued guidance on crowdfunding amid concerns that such schemes offer insufficient protection to amateur investors. Crowdfunding refers to a form of financing provided by individuals who coordinate their efforts and pool their resources to invest in projects.

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