BETTER FINANCE Feedback on a Regulation on European Crowdfunding Service Providers for business

BETTER FINANCE already raised the issue that only a limited number of larger SMEs are likely to benefit from a Capital Markets Union. As such, introducing an EU framework enabling crowdfunding platforms to provide their services across the Internal Market should be beneficial for both investors and SMEs. However, BETTER FINANCE remains skeptical regarding the choice of the framework as it doesn't seem sufficiently investor-oriented. Indeed, the proposal only introduces a stand-alone crowdfunding regime (named European Crowdfunding Service Provider).

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