Análise dos desafios regulatórios do equity crowdfunding

: em particular no ordenamento jurídico português

Abstract

The technological revolution of recent years has fostered the growing trend of developing new alternative means of financing to the traditional financial system, which has increasingly attracted the attention of the various markets and legal systems globally. One of the most disruptive service modalities offered by FinTech concerns crowdfunding, in particular, equity crowdfunding. As such, the main objective of this paper is to perform a descriptive analysis of this means of financing, listing its main advantages and inherent risks, as well as its main actors, namely the figure of the beneficiary, the investor and the financing platform. The relevance of this topic is mainly due to its relevance for the financing of small and medium-sized enterprises and start-ups, as well as its legal complexity. Given that there are several challenges at regulatory level, both in the light of comparative law, as well as at national level, we intend to make an expository analysis of both, with special focus on the Portuguese legal system, seeking to propose recommendations aimed at the exploitation of this modality in its pinnacle.

Date of Award	9 Nov 2023
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	José Engrácia Antunes (Supervisor)