SME | Small and medium-sized enterprise. |
SME Investment Readiness | Investment Readiness The process through which an SME is prepared for formal fundraising from external investors. |
Project Sponsor | An entity that seeks finance via a crowdfunding intermediary. |
Crowdfunding Intermediary | A physical person or business that is approved and registered by ACfA to run crowdfunding operations. |
ACfA Label Framework | The name of the regulatory framework for securities-based crowdfunding developed by ACfA. |
ACfA Label | The name of the licence granted to crowdfunding intermediaries by ACfA. |
ACfA Prospectus | The list of requirements that project sponsors must fulfil in order to conduct a crowdfunding campaign. |
JAP | Joint Approval Process, which allows a crowdfunding intermediary to be approved by ACfA in a first step, and approved by its national regulator in a second step. |
Crowdfunding Platform | A digital platform that hosts crowdfunding campaigns that are prepared by a crowdfunding intermediary. |
Crowdinvestor | An investor that participates in a crowdfunding campaign. |
KYC and AML/FT | Know-Your-Customer and Anti-Money Laundering/Financing of Terrorism. |