Summary
A new EU regulation creating a single market for crowdfunding service providers, allowing them to operate across borders with uniform rules and enhanced investor protections. 10 20.10.2020
Other
economy
social policy
administrative law
public administration
business and competition
financial institutions and credit
information technology and data processing
Key points
- The regulation introduces a single EU-wide authorization for crowdfunding platforms to operate across the entire Union.
- A maximum funding limit of 8 million euros per project is set for the regulation to apply.
- Investors must be able to simulate their ability to bear a loss, specifically calculated as 10% of their net worth.
- Every crowdfunding offer must be accompanied by a standardized key investment information sheet.
Documents (PDFs)
RECOMMENDATION FOR SECOND READING on the Council position at first reading with a view to the adoption of a regulation of the European Parliament and of the Council on European crowdfunding service providers for business, and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937
REPORT on the proposal for a regulation of the European Parliament and of the Council on European Crowdfunding Service Providers (ECSP) for Business
European Crowdfunding Service Providers (ECSP) for Business ***II
European Crowdfunding Service Providers (ECSP) for business ***I
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.