Where do you find the money to make a film? If you are a new company with no operational track record or decent cash flow, you will find it difficult to find a bank that is willing to offer you an unsecured loan. In this article, I will outline the alternative sources of financing that film producers can look to.
Continue reading “Film Financing 5: Raising Finances For Your Film”
The Monetary Authority of Singapore (MAS) recently issued a circular No. CMI 27/2018 on “Controls And Disclosures To Be Implemented By Licensed Securities-Based Crowdfunding Operators”.
This Circular sets out requirements on licensed Securities-Based Crowdfunding (SCF) operators in 5 areas:
- Due diligence checks on issuers.
- Management of issuer defaults.
- Management of SCF platform cessation.
- Disclosure of interest and default rates.
- Governance and management of auto-allocation tools.
Continue reading “MAS Circular Controls And Disclosures To Be Implemented By Licensed Securities-Based Crowdfunding Operators”