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The Permissibility of Crowd Funding within South Asia: A Comparative Analysis of South Asian Jurisdictions

The Permissibility of Crowd Funding within South Asia: A Comparative Analysis of South Asian Jurisdictions

Michael D'Rosario, Aaron Busary, Kairav Raval
Copyright: © 2016 |Pages: 15
ISBN13: 9781522500049|ISBN10: 1522500049|EISBN13: 9781522500056
DOI: 10.4018/978-1-5225-0004-9.ch005
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MLA

D'Rosario, Michael, et al. "The Permissibility of Crowd Funding within South Asia: A Comparative Analysis of South Asian Jurisdictions." Financial Market Regulations and Legal Challenges in South Asia, edited by Amit K. Kashyap and Anjani Singh Tomar, IGI Global, 2016, pp. 81-95. https://doi.org/10.4018/978-1-5225-0004-9.ch005

APA

D'Rosario, M., Busary, A., & Raval, K. (2016). The Permissibility of Crowd Funding within South Asia: A Comparative Analysis of South Asian Jurisdictions. In A. Kashyap & A. Tomar (Eds.), Financial Market Regulations and Legal Challenges in South Asia (pp. 81-95). IGI Global. https://doi.org/10.4018/978-1-5225-0004-9.ch005

Chicago

D'Rosario, Michael, Aaron Busary, and Kairav Raval. "The Permissibility of Crowd Funding within South Asia: A Comparative Analysis of South Asian Jurisdictions." In Financial Market Regulations and Legal Challenges in South Asia, edited by Amit K. Kashyap and Anjani Singh Tomar, 81-95. Hershey, PA: IGI Global, 2016. https://doi.org/10.4018/978-1-5225-0004-9.ch005

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Abstract

The chapter will extend upon the extant literature by considering the permissibility of crowdfunding practices within the South Asian region. There is a genuine dearth of research considering these matters, with little research considering the history and permissibility of crowdfunding methodologies within the noted nations. As such the contribution of the chapter is twofold, firstly it represents amongst the first coherent assessments of the use of crowdsourcing based fundraising methodologies within the South Asian region. Secondly it responds to the dearth of research considering the legal permissibility of such practices within the noted nations, while also contrasting the regulatory models of India, Bangladesh, and Sri Lanka with the regulatory models evidenced within selected OECD countries and pertinently the recently reformed model of regulation within the United States, specifically chapter 12 of the Jobs Act (2013).

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