ESMA · ESMA_QA_2048 Answer Published

Scope of exemption in Article 1(2)

Name: Scope of exemption in Article 1(2): ESMA Q&A — EU Financial Regulatory Q&A
Creator: European Securities and Markets Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: Regulation 2020/1503 - European crowdfunding service providers for business
Topic: Appropriateness
Submitted: 2023-12-18
Answered: 2023-12-18

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Question

Should the threshold referred to in point (c) of Article 1(2) of the ECSPR apply when a crowdfunding offer is made on several crowdfunding platforms?

Answer

Yes. The provision of point (c) of Article 1(2) applies irrespective of the fact that the crowdfunding offer is made on a single or several crowdfunding platforms.

View original on European Securities and Markets Authority ↗

This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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