SlideShare una empresa de Scribd logo
1 de 13
Descargar para leer sin conexión
Digital Finance Regulation

Saeed Hassan

Hong Kong, May 5, 2015
Grow VC Group ++
www.growvc.com ++
@growvc ++
MARKETS – ASSETS – CROWD ++
Copyrights © Grow VC Group 2014
Finance and Services Infrastructure Consulting & 

Professional Services
Grow VC Group ++
Copyrights © Grow VC Group 2015
Hong Kong - London - New York - San Francisco - Sao Paolo
The Grow VC Group is a worldwide pioneer and leader in the crowd investing, 

peer-to-peer and online investment market.
The Grow VC Group Ecosystem
Issuers Investors
Investor Side

Platforms or
Dashboards
Digital Market
Places
Issuer Side
Platforms or
Dashboards
Data, Research & Services
Back Office Services
Source: Grow Advisors market analysis
Background
Lack of lending by traditional institutions post 2008
- SMEs seen as the backbone of many economies, and key generator or jobs
Declining trust
- Traditional institutions seen as carrying burden of responsibility
Technology
- Led to a greater reach among a much wider audience, often internationally.
Rise of sophisticated social networks
- “true identities”, ID checks and secure online transactions
Background
Startup Culture
- Often held back through lack of funding and inefficient ecosystems
Need to increase efficiencies
- Many industries looked to remove intermediaries / middlemen
Technology
- Led to a greater reach among a much wider audience, often internationally.
Why change?
Boost confidence and greater transparency
- Decentralisation | democratisation: allow more people to be part
Funding
- Particularly among start up companies and create jobs
Un-tap potential of savings
- Better informed investors, accessibility to deal flow and diversification
Leaner, more efficient market places
- Eliminate traditional closed door networks
So what happened?
Pre-existing
- Offline networks among select investors (e.g. HNW, Angels, VCs)
Watershed moment: US Jobs Act, April 2012
- Number of countries with specific regulation or plans increased rapidly…
An iterative process
- Several of the early starters have already made revisions to original legislation
US
Canada, Italy, US,
Malaysia, Australia
New Zealand, France
Germany, France, EU, UK,
Australia, India, Spain, New
Zealand, Japan, Spain, EU, China
Italy, Thailand, US,
Canada, Singapore,
Germany, Taiwan
Paradox
- Those with the strictest regulations are making them less so. (Italy vs. New Zealand)
Asia
- New Zealand, Australia & Malaysia among the 1st. Singapore, Thailand and Taiwan to follow.
US
- Complexity of State vs. Federal law an added hurdle.
Leaner, more efficient market places
- Eliminate traditional closed door networks
So what happened?
Issuers
- Commonly used by startups but also seen to invigorate investment (e.g. real estate)
Crisis | Incidents
- On the contrary, healthy growth where regulation has worked, stalled where it hasn’t
So what happened?
Retail investors are welcomed
- With investment limits per offering or per year.
Maximum raise
- Many capped the maximum an issuer can raise
Registration and licensing
- Reporting requirements, including user activity. Minimum capital requirements & insurance.
Common traits
Crowdfunding capital of the World
- London has the most campaigns per day, though the US leads the UK overall.
Factors
- Open minded, balanced regulation allowed CFPs to flourish. Embraced innovation.
Tracking
- Data obtained by the FCA shows the industry has continued to grow strongly post regulation.
Other Factors
- US/UK equity investment culture (vs. Germany) an enabling factor. Singapore / Hong Kong?
Success Stories
The UK
Competitors and other market players?
- VCs have taken advantage of crowdfunding and traditional banks are looking at P2P
Future impact
- Well thought out plans will help financial centres such as Hong Kong cement their position
Resource Utilisation
- Better circulation of public and private funds will increase efficiency of the market and
boost the market
Finally
Saeed Hassan
saeed@growadvisors.com
+
Grow VC Group

growvc.com
Grow VC in Twitter, FB and LI
MARKETS
ASSETS
CROWD

Más contenido relacionado

Destacado

Delegated legislation
Delegated legislationDelegated legislation
Delegated legislationReshma Suresh
 
(NBFCs) Non Banking Finance Companies - By Aditya Agarwal
(NBFCs) Non Banking Finance Companies - By Aditya Agarwal(NBFCs) Non Banking Finance Companies - By Aditya Agarwal
(NBFCs) Non Banking Finance Companies - By Aditya AgarwalAditya Agarwal
 
Vernacular Architecture (Case Study- H.P.)
Vernacular Architecture (Case Study- H.P.)Vernacular Architecture (Case Study- H.P.)
Vernacular Architecture (Case Study- H.P.)divya_binu
 
Mango Training for NGOs - key financial concepts and jargon
Mango Training for NGOs - key financial concepts and jargonMango Training for NGOs - key financial concepts and jargon
Mango Training for NGOs - key financial concepts and jargonTerry Lewis
 

Destacado (6)

Delegated legislation
Delegated legislationDelegated legislation
Delegated legislation
 
(NBFCs) Non Banking Finance Companies - By Aditya Agarwal
(NBFCs) Non Banking Finance Companies - By Aditya Agarwal(NBFCs) Non Banking Finance Companies - By Aditya Agarwal
(NBFCs) Non Banking Finance Companies - By Aditya Agarwal
 
PepsiCo 2014 Presentation
PepsiCo 2014 Presentation PepsiCo 2014 Presentation
PepsiCo 2014 Presentation
 
Vernacular Architecture (Case Study- H.P.)
Vernacular Architecture (Case Study- H.P.)Vernacular Architecture (Case Study- H.P.)
Vernacular Architecture (Case Study- H.P.)
 
Pepsico ppt
Pepsico pptPepsico ppt
Pepsico ppt
 
Mango Training for NGOs - key financial concepts and jargon
Mango Training for NGOs - key financial concepts and jargonMango Training for NGOs - key financial concepts and jargon
Mango Training for NGOs - key financial concepts and jargon
 

Más de Grow VC Group

5 Predictions for Finance, FinTech and Blockchain Market
5 Predictions for Finance, FinTech and Blockchain Market5 Predictions for Finance, FinTech and Blockchain Market
5 Predictions for Finance, FinTech and Blockchain MarketGrow VC Group
 
Blockchain and tokenization are coming to all asset classes and instruments
Blockchain and tokenization are coming to all asset classes and instrumentsBlockchain and tokenization are coming to all asset classes and instruments
Blockchain and tokenization are coming to all asset classes and instrumentsGrow VC Group
 
FinTech presentation at Banking and Payment System conference
FinTech presentation at Banking and Payment System conferenceFinTech presentation at Banking and Payment System conference
FinTech presentation at Banking and Payment System conferenceGrow VC Group
 
Prifina Data Service Demo
Prifina Data Service DemoPrifina Data Service Demo
Prifina Data Service DemoGrow VC Group
 
Digital Platform Economy
Digital Platform EconomyDigital Platform Economy
Digital Platform EconomyGrow VC Group
 
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbulThe Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbulGrow VC Group
 
Grow VC Group presentation at Crypto Funding Summit in Los Angeles
Grow VC Group presentation at Crypto Funding Summit in Los AngelesGrow VC Group presentation at Crypto Funding Summit in Los Angeles
Grow VC Group presentation at Crypto Funding Summit in Los AngelesGrow VC Group
 
Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017
Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017
Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017Grow VC Group
 
AI and Data in Fintech: Hong Kong Fintech Week keynote
AI and Data in Fintech: Hong Kong Fintech Week keynoteAI and Data in Fintech: Hong Kong Fintech Week keynote
AI and Data in Fintech: Hong Kong Fintech Week keynoteGrow VC Group
 
Fintech 2017 Vision and Insight - MIT Enterprise Forum Poland
Fintech 2017 Vision and Insight - MIT Enterprise Forum PolandFintech 2017 Vision and Insight - MIT Enterprise Forum Poland
Fintech 2017 Vision and Insight - MIT Enterprise Forum PolandGrow VC Group
 
Fintech 2017 vision and insight - presentation at the Hanken School of Economics
Fintech 2017 vision and insight - presentation at the Hanken School of EconomicsFintech 2017 vision and insight - presentation at the Hanken School of Economics
Fintech 2017 vision and insight - presentation at the Hanken School of EconomicsGrow VC Group
 
Presentation at Retail Banking Forum
Presentation at Retail Banking ForumPresentation at Retail Banking Forum
Presentation at Retail Banking ForumGrow VC Group
 
Fintech o2o digital hybrid finance presentation by Grow VC Group
Fintech o2o digital hybrid finance presentation by Grow VC GroupFintech o2o digital hybrid finance presentation by Grow VC Group
Fintech o2o digital hybrid finance presentation by Grow VC GroupGrow VC Group
 
Grow VC Group presentation, July 2016
Grow VC Group presentation, July 2016Grow VC Group presentation, July 2016
Grow VC Group presentation, July 2016Grow VC Group
 
US-EU Meeting Alternative Finance Presentation
US-EU Meeting Alternative Finance PresentationUS-EU Meeting Alternative Finance Presentation
US-EU Meeting Alternative Finance PresentationGrow VC Group
 
Grow VC Group digital finance insight and vision
Grow VC Group digital finance insight and visionGrow VC Group digital finance insight and vision
Grow VC Group digital finance insight and visionGrow VC Group
 
Crowd Valley Digital Investing and Lending Platform Report - Q2 2015
Crowd Valley Digital Investing and Lending Platform Report - Q2 2015Crowd Valley Digital Investing and Lending Platform Report - Q2 2015
Crowd Valley Digital Investing and Lending Platform Report - Q2 2015Grow VC Group
 
Deal Index - aggregating digital investing market data
Deal Index - aggregating digital investing market dataDeal Index - aggregating digital investing market data
Deal Index - aggregating digital investing market dataGrow VC Group
 
Digital finance, crowdfunding and creative content business
Digital finance, crowdfunding and creative content businessDigital finance, crowdfunding and creative content business
Digital finance, crowdfunding and creative content businessGrow VC Group
 
Entrepreneurship Workshop Yerevan -Building Value and Startup Funding
Entrepreneurship Workshop Yerevan -Building Value and Startup FundingEntrepreneurship Workshop Yerevan -Building Value and Startup Funding
Entrepreneurship Workshop Yerevan -Building Value and Startup FundingGrow VC Group
 

Más de Grow VC Group (20)

5 Predictions for Finance, FinTech and Blockchain Market
5 Predictions for Finance, FinTech and Blockchain Market5 Predictions for Finance, FinTech and Blockchain Market
5 Predictions for Finance, FinTech and Blockchain Market
 
Blockchain and tokenization are coming to all asset classes and instruments
Blockchain and tokenization are coming to all asset classes and instrumentsBlockchain and tokenization are coming to all asset classes and instruments
Blockchain and tokenization are coming to all asset classes and instruments
 
FinTech presentation at Banking and Payment System conference
FinTech presentation at Banking and Payment System conferenceFinTech presentation at Banking and Payment System conference
FinTech presentation at Banking and Payment System conference
 
Prifina Data Service Demo
Prifina Data Service DemoPrifina Data Service Demo
Prifina Data Service Demo
 
Digital Platform Economy
Digital Platform EconomyDigital Platform Economy
Digital Platform Economy
 
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbulThe Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
 
Grow VC Group presentation at Crypto Funding Summit in Los Angeles
Grow VC Group presentation at Crypto Funding Summit in Los AngelesGrow VC Group presentation at Crypto Funding Summit in Los Angeles
Grow VC Group presentation at Crypto Funding Summit in Los Angeles
 
Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017
Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017
Grow VC Group keynote about FinTech and blockchain ecosystems at VanFUNDING 2017
 
AI and Data in Fintech: Hong Kong Fintech Week keynote
AI and Data in Fintech: Hong Kong Fintech Week keynoteAI and Data in Fintech: Hong Kong Fintech Week keynote
AI and Data in Fintech: Hong Kong Fintech Week keynote
 
Fintech 2017 Vision and Insight - MIT Enterprise Forum Poland
Fintech 2017 Vision and Insight - MIT Enterprise Forum PolandFintech 2017 Vision and Insight - MIT Enterprise Forum Poland
Fintech 2017 Vision and Insight - MIT Enterprise Forum Poland
 
Fintech 2017 vision and insight - presentation at the Hanken School of Economics
Fintech 2017 vision and insight - presentation at the Hanken School of EconomicsFintech 2017 vision and insight - presentation at the Hanken School of Economics
Fintech 2017 vision and insight - presentation at the Hanken School of Economics
 
Presentation at Retail Banking Forum
Presentation at Retail Banking ForumPresentation at Retail Banking Forum
Presentation at Retail Banking Forum
 
Fintech o2o digital hybrid finance presentation by Grow VC Group
Fintech o2o digital hybrid finance presentation by Grow VC GroupFintech o2o digital hybrid finance presentation by Grow VC Group
Fintech o2o digital hybrid finance presentation by Grow VC Group
 
Grow VC Group presentation, July 2016
Grow VC Group presentation, July 2016Grow VC Group presentation, July 2016
Grow VC Group presentation, July 2016
 
US-EU Meeting Alternative Finance Presentation
US-EU Meeting Alternative Finance PresentationUS-EU Meeting Alternative Finance Presentation
US-EU Meeting Alternative Finance Presentation
 
Grow VC Group digital finance insight and vision
Grow VC Group digital finance insight and visionGrow VC Group digital finance insight and vision
Grow VC Group digital finance insight and vision
 
Crowd Valley Digital Investing and Lending Platform Report - Q2 2015
Crowd Valley Digital Investing and Lending Platform Report - Q2 2015Crowd Valley Digital Investing and Lending Platform Report - Q2 2015
Crowd Valley Digital Investing and Lending Platform Report - Q2 2015
 
Deal Index - aggregating digital investing market data
Deal Index - aggregating digital investing market dataDeal Index - aggregating digital investing market data
Deal Index - aggregating digital investing market data
 
Digital finance, crowdfunding and creative content business
Digital finance, crowdfunding and creative content businessDigital finance, crowdfunding and creative content business
Digital finance, crowdfunding and creative content business
 
Entrepreneurship Workshop Yerevan -Building Value and Startup Funding
Entrepreneurship Workshop Yerevan -Building Value and Startup FundingEntrepreneurship Workshop Yerevan -Building Value and Startup Funding
Entrepreneurship Workshop Yerevan -Building Value and Startup Funding
 

Último

Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707harshan90
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Guillaume Ⓥ Sarlat
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Matthews Bantsijang
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingHenry Tapper
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023SkillCircle
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklosbeduinpower135
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxPrecize Formely Leadoff
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources PresentationAdnet Communications
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfAdnet Communications
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESKumarJayaraman3
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismBrian Lin
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneurabcisahunter
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Commonwealth
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
20240315 _E-Invoicing Digiteal. .pptx
20240315 _E-Invoicing Digiteal.    .pptx20240315 _E-Invoicing Digiteal.    .pptx
20240315 _E-Invoicing Digiteal. .pptxFinTech Belgium
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI360factors
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...Antonis Zairis
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent PreferencesGRAPE
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoCoinGecko
 

Último (20)

Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB funding
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklos
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptx
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
20240315 _E-Invoicing Digiteal. .pptx
20240315 _E-Invoicing Digiteal.    .pptx20240315 _E-Invoicing Digiteal.    .pptx
20240315 _E-Invoicing Digiteal. .pptx
 
What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent Preferences
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
 

Digital Finance Regulation Update

  • 1. Digital Finance Regulation
 Saeed Hassan
 Hong Kong, May 5, 2015 Grow VC Group ++ www.growvc.com ++ @growvc ++ MARKETS – ASSETS – CROWD ++ Copyrights © Grow VC Group 2014
  • 2. Finance and Services Infrastructure Consulting & 
 Professional Services Grow VC Group ++ Copyrights © Grow VC Group 2015 Hong Kong - London - New York - San Francisco - Sao Paolo The Grow VC Group is a worldwide pioneer and leader in the crowd investing, 
 peer-to-peer and online investment market.
  • 3. The Grow VC Group Ecosystem Issuers Investors Investor Side
 Platforms or Dashboards Digital Market Places Issuer Side Platforms or Dashboards Data, Research & Services Back Office Services Source: Grow Advisors market analysis
  • 4. Background Lack of lending by traditional institutions post 2008 - SMEs seen as the backbone of many economies, and key generator or jobs Declining trust - Traditional institutions seen as carrying burden of responsibility Technology - Led to a greater reach among a much wider audience, often internationally. Rise of sophisticated social networks - “true identities”, ID checks and secure online transactions
  • 5. Background Startup Culture - Often held back through lack of funding and inefficient ecosystems Need to increase efficiencies - Many industries looked to remove intermediaries / middlemen Technology - Led to a greater reach among a much wider audience, often internationally.
  • 6. Why change? Boost confidence and greater transparency - Decentralisation | democratisation: allow more people to be part Funding - Particularly among start up companies and create jobs Un-tap potential of savings - Better informed investors, accessibility to deal flow and diversification Leaner, more efficient market places - Eliminate traditional closed door networks
  • 7. So what happened? Pre-existing - Offline networks among select investors (e.g. HNW, Angels, VCs) Watershed moment: US Jobs Act, April 2012 - Number of countries with specific regulation or plans increased rapidly… An iterative process - Several of the early starters have already made revisions to original legislation US Canada, Italy, US, Malaysia, Australia New Zealand, France Germany, France, EU, UK, Australia, India, Spain, New Zealand, Japan, Spain, EU, China Italy, Thailand, US, Canada, Singapore, Germany, Taiwan
  • 8. Paradox - Those with the strictest regulations are making them less so. (Italy vs. New Zealand) Asia - New Zealand, Australia & Malaysia among the 1st. Singapore, Thailand and Taiwan to follow. US - Complexity of State vs. Federal law an added hurdle. Leaner, more efficient market places - Eliminate traditional closed door networks So what happened?
  • 9. Issuers - Commonly used by startups but also seen to invigorate investment (e.g. real estate) Crisis | Incidents - On the contrary, healthy growth where regulation has worked, stalled where it hasn’t So what happened?
  • 10. Retail investors are welcomed - With investment limits per offering or per year. Maximum raise - Many capped the maximum an issuer can raise Registration and licensing - Reporting requirements, including user activity. Minimum capital requirements & insurance. Common traits
  • 11. Crowdfunding capital of the World - London has the most campaigns per day, though the US leads the UK overall. Factors - Open minded, balanced regulation allowed CFPs to flourish. Embraced innovation. Tracking - Data obtained by the FCA shows the industry has continued to grow strongly post regulation. Other Factors - US/UK equity investment culture (vs. Germany) an enabling factor. Singapore / Hong Kong? Success Stories The UK
  • 12. Competitors and other market players? - VCs have taken advantage of crowdfunding and traditional banks are looking at P2P Future impact - Well thought out plans will help financial centres such as Hong Kong cement their position Resource Utilisation - Better circulation of public and private funds will increase efficiency of the market and boost the market Finally
  • 13. Saeed Hassan saeed@growadvisors.com + Grow VC Group
 growvc.com Grow VC in Twitter, FB and LI MARKETS ASSETS CROWD