ECN seeks members help in working with DG FISMA on input for Capital Market Union review around obstacles to cross-border crowdfunding for both lending (P2P) and securities (equity).

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ECN seeks members help in working with DG FISMA on input for Capital Market Union review around obstacles to cross-border crowdfunding for both lending (P2P) and securities (equity).

The European Crowdfunding Network is seeking the collaboration of crowdfunding platforms in Europe. In cooperation with DG FISMA the ECN and its partners will evaluate the effectiveness and degree of convergence of national regulatory frameworks, convergence, sharing of best practice and developments. The assessment of the development of cross-border business and the investor protection aspects will be vital input for the mid-term review of the Capital Market Union.

To this extend, the ECN will establish close working relations with members and non-members with experience in cross-border crowdfunding in order to form a task force that will share experience within a workshop with peers, stakeholders and the EC. The ECN will also launch an open survey to all EU securities and lending crowdfunding platforms with will deliver vital input for the European Commission’s review off the Capital Market Union and which will be followed up by individual interviews with interested parties.

We will focus solely on crowdfunding models that entail a financial return, notably

  • investment-based crowdfunding (where companies issue equity or debt instruments to crowd-investors through a platform) and
  • lending-based crowdfunding (where companies or individuals seek to obtain funds from the public through platforms in the form of a loan agreement)

We are looking for interested senior executives of crowdfunding platforms that will be able to spend an estimated 3 days over the next 5 months, including one time travel to Brussels (cost will be covered by the ECN), but also for crowdfunding platforms willing to fill in the survey or to participate in our interview process.

Interested parties can express their interested by sending an informal email to CMU@eurocrowd.org

We are looking forward to gather significant input in order to help the European Commission better frame crowdfunding activities in its overall activities and regulations.

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