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Safe Bank

Published: 2022-07-12

New Regulations in the area of Financial Services – remarks in the light of the Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European crowdfunding service providers for business

Marcin Glicz Logo ORCID
Section: Problems and Opinions
https://doi.org/10.26354/bb.1.2.87.2022

Abstract

The aim of this paper is to present an outline of issues relating to the new unified legal regime
of crowdfunding services. The EU legislator adopts the concept of the single set of authorisation requirements for crowdfunding services providers. The purpose of the new legal regime is to address the existing obstacles and to ensure the uniform qualification of business models. The ECSP Regulation constitutes an essential step towards the unification of supervision aspects. New uniform regulations increase the availability external sources of finance for small and medium-sized enterprises, alternative to bank credits.

JEL Codes

K29, G23, G28

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Citation rules

Glicz, M. (2022). New Regulations in the area of Financial Services – remarks in the light of the Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European crowdfunding service providers for business. Safe Bank, 87(2), 8–24. https://doi.org/10.26354/bb.1.2.87.2022

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Vol. 87 No. 2 (2022)
Published: 2022-07-12


ISSN: 1429-2939
eISSN: 2544-7068
Ikona DOI 10.26354

Publisher
Bankowy Fundusz Gwarancyjny

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