ESMA · ESMA_QA_820 Answer Published
Investor protection and marketing communication
- Regulation
- Regulation 2020/1503 - European crowdfunding service providers for business
- Topic
- Information to clients on topics other than costs and charges
- Submitted
- 2022-01-28
- Answered
- 2022-01-28
Question
Can a project owner market its crowdfunding projects?
Answer
(Published as Crowdfunding Q&A 5.7) The ECSPR does not prevent project owners from taking steps to seek funding for their business activity either by (i) directing potential investors to the crowdfunding platform or (ii) offering transferable securities, admitted instruments for crowdfunding purposes or loans in relation to their business activity to the public, outside the crowdfunding platform. However, additional restrictions and/or conditions may apply to project owners pursuant to European and national laws or may derive from the terms and conditions of some CSPs.
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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