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MAS must be creative in crafting crowdfunding rules

MAS is entering this arena because it sees that small businesses and startups can benefit from a marketplace in which they can more easily access investors.

THE Monetary Authority of Singapore (MAS) proposal to make equity crowdfunding a sophisticated investor-only market has drawn criticism from some industry players, who argue that the limitation goes against the very concept of raising money from a crowd.

The regulator is right to address