Australian-owned equity crowdfunding company Equitise has had to pay $7500 for failing to file its financial statements on time, the Financial Markets Authority said on Wednesday. Equitise, licensed by the authority since December 2014, had to file its audited financial statements for the year to June 30, 2020, by the end of October last year. 123RF Equity crowdfunding company Equitise has had to pay $7500 for failing to file its financial statements on time. The data provided by licensed crowdfunding platforms included information about how the organisation was performing under the licence, he said. Financial statements were the only source of financial information available to investors for many organisations.

Source: Stuff July 13, 2021 21:22 UTC