European Banking Authority: Consults on technical standards on crowdfunding service providers
- European Banking Authority an independent EU Authority that works to ensure effective and consistent prudential regulation
- Published a consultation paper on draft RTS specifying the information that crowdfunding service providers
- The draft Regulatory Technical Standards also specify the policies, procedures, and organisational arrangements
- In order to reduce the information asymmetry between crowdfunding service providers and investors, as well as to ensure transparency
- Investors are exposed not only to risks connected to the projects or the loans in which their funds are invested
- Against this backdrop, these draft RTS require crowdfunding service providers to show that the measurement techniques
