Registered Crowdfunding Intermediaries may propose their services in all jurisdictions that have equally and formally recognised ACfA as an SRO.
Crowdfunding intermediaries that intend to propose their services outside of their home jurisdiction should demonstrate to ACfA’s Approval Committee their ability to provide effective SME investment readiness services in the third party jurisdictions.
In the case of a jurisdiction where the national regulator has recognised ACfA but has not guaranteed the validity of securities-based crowdfunding operations under local laws, it is the responsibility of the registered crowdfunding intermediary to ensure its operations are compliant with the relevant local laws in that jurisdiction.
