Global Overview

The global overview provides a quick comparison of legal and economic considerations for every participating country. To read more in-depth country specific information for each area, please select a country from the list.

RegTech and compliance management
RegTech is composed of the words "regulatory" and "technology". It is a collective term for the application of modern technologies, to get the increasing regulation in the banking- and financial sector under control both from an IT and a legal standpoint.
CountryDonation-based CrowdfundingReward-based CrowdfundingCrowdinvestingCrowdlending
Albanianononono
Argentinanonoregulation; license requiredno
Australianonoregulation; license requiredregulation; license required
Austrianonoregulationregulation
Boliviaregulationregulationregulation; license requiredregulation; license required
Bosnia and Herzegovinanononono
Bulgarian/an/aregulation; license requiredregulation; license required
Canadanonoregulation; license requiredregulation; license required
Chileregulation; license requiredregulation; license requiredregulation; license requiredregulation; license required
Chinaregulation; license requirednoregulationregulation; license required
Colombianonoregulation; license requiredregulation; license required
Costa Ricalicense requiredlicense requiredlicense requiredlicense required
Croatiaregulation; license requirednoregulation; license requiredregulation; license required
Czech Republicnonoregulation; license requiredregulation; license required
Dominican Republicnoregulation; license requiredregulation; license requiredno
Finlandregulation; license requiredregulation; license requiredregulation; license requiredregulation; license required
Franceregulation; license requiredregulation; license requiredregulation; license requiredregulation; license required
Germanynonoregulation; license requiredregulation; license required
Hong Kongnononono
Hungarynonoregulation; license requiredregulation; license required
Irelandnononoregulation; license required
Italynonoregulation; license requiredregulation; license required
Japannonoregulation; license requiredregulation; license required
Korea, Republic ofnonoregulation; license requiredregulation; license required
Malaysianonoregulation; license requiredregulation; license required
Mexicoregulation; license requiredregulation; license requiredregulation; license requiredregulation; license required
Montenegronononono
New Zealandnonoregulation; license requiredregulation; license required
Nigerianoregulation; license requiredregulation; license requiredregulation; license required
North Macedonianononono
Perunoregulation; license requiredregulation; license requiredregulation; license required
Philippinesnonoregulation; license requiredregulation; license required
Polandnonoregulation; license requiredregulation; license required
Portugalregulationregulationregulation; license requiredregulation; license required
Romanianonoregulation; license requiredregulation; license required
Russiaregulationregulationregulationregulation
Saudi Arabianonoregulation; license requiredregulation; license required
Serbianononono
Singaporeregulationnoregulation; license requiredregulation; license required
Slovenianonoregulation; license requiredregulation; license required
Spainnoregulation; license requiredregulation; license requiredregulation; license required
Switzerlandnonoregulation; license requiredregulation; license required
Thailandnonoregulation; license requiredregulation; license required
Turkeynonoregulation; license requiredregulation; license required
United Kingdomnonoregulation; license requiredregulation; license required
United Rep of Tanzanianononono
United Statesnonoregulation; license requiredregulation
Uruguaynonolicense requiredno
Vietnamregulation; license requirednonono
Regulation of RegTech-services and requirement of a license
CountryAnswer Text
Albanian/a2165Albania
Argentinano2510Argentina
Australiano2180Australia
Austriano2675Austria
Bolivialicense required21009Bolivia
Bosnia and Herzegovinaregulation2195Bosnia and Herzegovina
Bulgarian/a2979Bulgaria
Canadano2150Canada
Chileno2240Chile
Chinalicense required2255China
Colombiano2270Colombia
Costa Ricano2285Costa Rica
Croatiano2300Croatia
Czech Republicno2810Czech Republic
Dominican Republicno2823Dominican Republic
Finlandlicense required2922Finland
Franceno2720France
Germanyno2135Germany
Hong Kongno2735Hong Kong
Hungaryno2345Hungary
Irelandno2690Ireland
Italyno2330Italy
Japanlicense required2849Japan
Korea, Republic ofno2360Korea, Republic of
Malaysiano2660Malaysia
Mexicoregulation2630Mexico
Montenegrono2375Montenegro
New Zealandno2390New Zealand
Nigeriaregulation2903Nigeria
North Macedoniaregulation2435North Macedonia
Peruno2420Peru
Philippinesregulation2405Philippines
Polandno2480Poland
Portugalregulation2495Portugal
Romanian/a2795Romania
Russiano2911Russia
Saudi Arabiaregulation2880Saudi Arabia
Serbiaregulation2465Serbia
Singaporeno2944Singapore
Sloveniano2525Slovenia
Spainno2540Spain
Switzerlandno2705Switzerland
Thailandregulation2555Thailand
Turkeyno2750Turkey
United Kingdomno2780United Kingdom
United Rep of Tanzaniaregulation; license required2765United Rep of Tanzania
United Statesno2585United States
Vietnamregulation2961Vietnam
Difficulty of upholding compliance with the regulation regarding RegTech-services described above
CountryAnswer
Albanian/a2165Albania
Argentinan/a2510Argentina
Australiaeasy2180Australia
Austriaaverage2675Austria
Boliviaaverage21009Bolivia
Bosnia and Herzegovinaaverage2195Bosnia and Herzegovina
Bulgarian/a2979Bulgaria
Canadan/a2150Canada
Chileeasy2240Chile
Chinaaverage2255China
Colombian/a2270Colombia
Costa Ricaaverage2285Costa Rica
Croatian/a2300Croatia
Czech Republiceasy2810Czech Republic
Dominican Republiceasy2823Dominican Republic
Finlandaverage2922Finland
Franceeasy2720France
Germanyaverage2135Germany
Hong Kongaverage2735Hong Kong
Hungaryeasy2345Hungary
Irelandaverage2690Ireland
Italyaverage2330Italy
Japanaverage2849Japan
Korea, Republic ofhard2360Korea, Republic of
Malaysian/a2660Malaysia
Mexicoeasy2630Mexico
Montenegron/a2375Montenegro
New Zealandeasy2390New Zealand
Nigeriaaverage2903Nigeria
North Macedoniaaverage2435North Macedonia
Perun/a2420Peru
Philippinesaverage2405Philippines
Polandn/a2480Poland
Portugalaverage2495Portugal
Romanian/a2795Romania
Russiaaverage2911Russia
Saudi Arabiaaverage2880Saudi Arabia
Serbiaeasy2465Serbia
Singaporeaverage2944Singapore
Sloveniaeasy2525Slovenia
Spaineasy2540Spain
Switzerlandeasy2705Switzerland
Thailandaverage2555Thailand
Turkeyn/a2750Turkey
United Kingdomn/a2780United Kingdom
United Rep of Tanzaniaaverage2765United Rep of Tanzania
United Statesaverage2585United States
Vietnamaverage2961Vietnam
Level of competition regarding RegTech-services
Albanian/a2165Albania
Argentinaaverage2510Argentina
Australiahigh2180Australia
Austrialow2675Austria
Boliviaaverage21009Bolivia
Bosnia and Herzegovinan/a2195Bosnia and Herzegovina
Bulgariaaverage2979Bulgaria
Canadaaverage2150Canada
Chilelow2240Chile
Chinaaverage2255China
Colombiaaverage2270Colombia
Costa Ricaaverage2285Costa Rica
Croatian/a2300Croatia
Czech Republiclow2810Czech Republic
Dominican Republiclow2823Dominican Republic
Finlandlow2922Finland
Franceaverage2720France
Germanylow2135Germany
Hong Kongaverage2735Hong Kong
Hungarylow2345Hungary
Irelandaverage2690Ireland
Italyaverage2330Italy
Japanlow2849Japan
Korea, Republic ofaverage2360Korea, Republic of
Malaysialow2660Malaysia
Mexicoaverage2630Mexico
Montenegron/a2375Montenegro
New Zealandlow2390New Zealand
Nigerialow2903Nigeria
North Macedonialow2435North Macedonia
Perulow2420Peru
Philippinesn/a2405Philippines
Polandlow2480Poland
Portugalaverage2495Portugal
Romanian/a2795Romania
Russiaaverage2911Russia
Saudi Arabiahigh2880Saudi Arabia
Serbiaaverage2465Serbia
Singaporehigh2944Singapore
Slovenialow2525Slovenia
Spainaverage2540Spain
Switzerlandlow2705Switzerland
Thailandlow2555Thailand
Turkeylow2750Turkey
United Kingdomlow2780United Kingdom
United Rep of Tanzanialow2765United Rep of Tanzania
United Stateslow2585United States
Vietnamaverage2961Vietnam

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