The
following paper, after briefly outlining what mini-bonds and equity
crowdfunding platforms consist, will deal with the regulations in the UK and in
Italy to regulate the placement of mini-bonds through crowdfunding platforms in
a second chapter, outlining the similarities and divergences of methods and
purposes with which they were conceived in the two countries. In a third
chapter the advantages and disadvantages with regard not only to the placement
of mini-bonds through crowdfunding platforms for SMEs that issue mini-bonds,
but also for consumers will be analysed. Finally, in the last chapter the
author will try to clarify and justify the ban by the FCA to retail investors
for purchase of “speculative illiquid securities” also due to the numerous scandals
that occurred in the UK, but at the same time, proposals will be put forward
aimed at better regulating the phenomenon and encouraging the use of this
alternative financial instrument.