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Category: News

EBA consultation on draft RTS on Individual Portfolio Management of loans offered by crowdfunding service providers

The European Banking Authority (EBA) is asking industry feedback on draft Regulatory Technical Standards (RTS) specifying the information that crowdfunding service providers offering individual portfolio management of loans shall provide to investors – in particular in relation to the method to assess credit risk, and on each individual portfolio. The draft RTS also specify the …

Industry response to ESMA consultation

EUROCROWD, on behalf of its diverse European membership, does fully support the work of ESMA and remains available for open technical discussions and feedback on operational aspects of professional crowdfunding platforms, both those with existing experience in cross border business and those seeking to establish this under ECSPR. Having supported the development of ECSPR over …

New Non-Executive Board to be elected on 17 June 2021

On the 17 June 2021, EUROCROWD will hold its annual assembly of Members. Every two years we elect a Non-Executive Board from our Membership to represent the professional interests of the European crowdfunding and fintech industry within our activities and to provide guidance in our prudential management. Only EUROCROWD Platform members can be nominated to …

EUROCROWD For Energy: Introducing New Services For Sustainable Energy

Financing the sustainable transition is a huge challenge in terms of the financial and social recourses required, and thanks to its distinctive ability to mobilize citizens and leverage private capital from non-traditional investors crowdfunding is particularly well suited to address the existing financing gap, as well as contribute to raise awareness on the importance of …

EUROCROWD, ItaliaFintech and Chiomenti discuss Lending and Equity Crowdfunding under ECSPR

On May 7th, Francesca Passeri, EUROCROWD’s Deputy Director, joined ItaliaFintech and Chiomenti for the conference “Lending and Equity Crowdfunding: the new European regulation and future challenges for the Fintech sector” in Milan. The discussion was dedicated to the application of the new European Regulation on the Italian market and potential new challenges and opportunities that …

How crowdfunding is supporting Collective Action Initiatives and energy transition

EUROCROWD is working on several initiatives aimed at supporting energy communities and energy poverty such as COMETS and POWERPOOR. Crowdfunding can in fact be a powerful tool to finance local energy community projects that would not be financed otherwise. So, how can crowdfunding support Collective Energy Actions in the Energy Transition? We can draw some …

EUROCROWD to help guide industry input to ESMA consultation of ECSP

On Friday, 26 February 2021 the European Securities and Markets Authority (ESMA) published the long awaited consultation on the regulatory and implementing technical standards for the implementation of the European Crowdfunding Service Provider for Business (ESCP) Regulation. EUROCROWD, with its members, will analyse the consultation and seek to help crowdfunding platforms to develop a relevant …

Strong foundations for Spanish Strategic Group for clear support of European agenda

The European Crowdfunding Network (EUROCROWD) is proud to announce that the Spanish Strategic Group (SSG) has been advancing over the past months and that we now have formally established different working areas. While the SSG is focusing on developing relevant skill sets through vocational training, the group has also been focusing on concrete areas related …

European Parliament adopts EU rules for crowdfunding platforms under ECSP

Brussels, 5 October 2020. Following eight years of dedicated policy work by the European Crowdfunding Network and its members, we are very happy that the European Parliament has adopted the latest text for the European Crowdfunding Service Provider for Business Regulation. as well as related changes to Markets in Financial Instruments Directive (MiFid). The European Crowdfunding Network …