Knowledge Hub

Real estate crowdfunding promises to democratize property investment, offering retail investors access to asset classes traditionally reserved for institutional players. However, recent developments in Germany and France reveal growing cracks in this foundation at least in these two markets. Over the past two years, mounting project failures, market instability, and limited regulatory enforcement have exposed […]

As the European Union intensifies its efforts against money laundering and terrorist financing, the forthcoming AML framework—most notably Regulation (EU) 2024/1624—will have significant implications for ECSP-licensed crowdfunding platforms. While the ECSPR already provides certain safeguards, the evolving regulatory landscape necessitates proactive measures to ensure full compliance and reinforce market integrity. The Regulatory Landscape Already in

With the full implementation of the Digital Operational Resilience Act (DORA) on January 17, 2025, crowdfunding platforms operating under the European Crowdfunding Service Providers Regulation (ECSPR) are now required to adopt stringent cybersecurity and operational resilience measures. This marks a significant step towards enhancing the protection of investors, safeguarding project owners, and securing the broader

The European Securities and Markets Authority (“ESMA”) has published its Consultation Paper on Guidelines for assessing knowledge and competence under the Markets in Crypto-assets Regulation (“MiCA”), as mandated by Article 81(15). The consultation, released on 17 February 2025, proposes new guidelines ensuring that all crypto-asset service providers (“CASPs”), including those providing information rather than direct