FinReg 2021: New EU Crowdfunding Regulation in the Baltics
At the FinReg 2021, the market representatives from the Baltics will speak on their personal experience and main challenges when crowdfunding, and give their recommendations for both project owners and future investors. We will also hear from the representatives of the Baltic regulatory authorities on the state of play of crowdfunding in each country, the risks associated with crowdfunding and investments in cryptocurrency, and their predictions on the future of the market.
SPEAKERS
Representatives of regulatory authorities:
- Siim Tammer, Member of the Management Board | Estonian Financial Supervision and Resolution Authority
- Marine Krasovska, Director of Financial Innovation Department | Financial and Capital Market Commission (Latvia)
- Jovita Aleksiūnė, Lawyer, Bank of Lithuania
Market representatives who will share their experience with crowdfunding:
- Karin Vinkel, Shareholder and member of the management board, Vinkel Group (Estonia)
- Liza Aizupiete, Co-founder and Managing Director | Fintelum (Latvia)
- Martynas Stankevičius, CEO | Röntgen (Lithuania)
Moderator:
- Edgars Pastars, Specialist Counsel and Head of AML | COBALT Latvia
Date and time: December 8, 2021 from 15:30 to 17:30
Language: English
Register for the event: http://cobaltstream.zoomtv.lt/
Participation fee: Free of charge, but registration is required to access the event.
Please be advised that the personal data provided in the registration form will be processed as set out in this Informational Notice.
AGENDA
In the first part three market participants will share their views and experience related to crowdfunding, including:
- Recommendations for a project owner considering crowdfunding
- Main challenges that crowdfunding operators face
- Criteria for investors when deciding to invest in a project
- Recommendations for investors who are new to crowdfunding
- New regulation boosting the market and restoring confidence in crowdfunding
During the panel discussion Baltic supervisory authorities will cover several topics, including:
- State of play of crowdfunding in each country
- Room for regulatory arbitrage after the new crowdfunding regulation
- Restoring confidence in crowdfunding throughout
- Crowdfunding and risks
- Crowdfunding and crypto currencies
- Crowdfunding and future of economy
CONTEXT
The European Commission legislation regulating crowdfunding activity that applies across the European Union entered into force from 10 November 2021 to providers of investment-based and lending-based crowdfunding services. This is the first regulation of crowdfunding services on a European level. Up to now, crowdfunding had been governed under the various national laws of the Member States.
ABOUT FINREG
Baltic Financial & Regulatory Summit - FinReg - is the top Baltic annual conference exploring the latest trends and challenges faced by the financial sector and serves as the central networking and knowledge sharing platform for financial sector professionals operating in the Baltic market. The summit is powered by COBALT since 2017.