ASSIGNMENT代写

Finance Assignment 代写:投资者信任和信心

2019-09-16 02:00

在澳大利亚,ASIC发布了一份关于ICOs及其立场的决定性简报,规定ICOs必须以“增进投资者信任和信心,并遵守相关法律”的方式进行。ASIC还警告称,《公司法》可能适用于ICO,具体取决于ICO本身赋予硬币的权利、基础硬币的权利或ICO中使用的令牌的权利。同样,ASIC也明确表示,如果ICO是为公司融资,那么ICO发行的硬币所附带的权利可能属于a股的定义。哪里看来的发行人ICO是每股报价的,发行人将需要准备其他IPO11招股说明书,这将允许投资者保障收回他们的投资在股票发行前应该有误导或欺骗性信息的招股说明书。最后值得注意的是,一些ico已经被他们的发起者描述为众筹的一种形式。在澳大利亚,ASIC明确区分了使用ICO的众筹和自201711年9月29日起受公司法监管的“众筹”(CSF)。根据新法律,证金公司将成为初创企业和小企业筹集资金的金融服务机构,资金通常来自大量投资者,这些投资者投入了少量资金。在管理证金公司方面,将制定具体规则,要求比ico更少,同时维持投资者保护措施。这一点在Tezos的案例中尤为重要,在Tezos中,开发者寻求“捐款”来资助他们网络的开发,这是一种故意的虚假陈述,在澳大利亚,这是非法的,而且可以说是不道德的。
Finance Assignment 代写:投资者信任和信心
In Australia, ASIC released a decisive factsheet on ICOs and their position, stipulating that ICOs must be conducted in a manner that “promotes investor trust and confidence, and complies with the relevant laws”11. ASIC has also warned that the Corporations Act may apply to an ICO depending on the rights that attach to the coin from the ICO itself, rights to underlying coins or rights on tokens used in the ICO. Likewise, ASIC has also made it clear that if an ICO is conducted to fund a company, then the rights attached to the coins issued by the ICO may fall within the definition of a share. Where it appears that an issuer of an ICO is actually making an offer of a share, the issuer will need to prepare a prospectus as for any other IPO11, which will allows investors the safeguard to withdraw their investment before the shares are issued should there be misleading or deceptive information in the prospectus.  Lastly it is worth noting that some ICOs have been described by their initiators as a form of crowd funding. In Australia, ASIC has made a clear distinction between crowd funding using an ICO and ‘crowd-sourced funding’ (CSF) that has been regulated by the Corporations Act since 29th September 201711. Under the new laws, CSF will be a financial service where start-ups and small businesses raise funds, generally from a large number of investors that invest small amounts of capital. There will be specific rules for conducting CSF with fewer regulatory requirements than ICOs, while maintaining investor protection measures. This is particularly of importance in the case of Tezos, where the developers sought “donations” to fund the development of their network, a deliberate misrepresentation which would now be both illegal and arguably unethical in Australia.