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Crowdfunding and ECSP License – Is the Tied Agent Model Reaching its Limits?
Companies that currently act as tied agents to accompany the issuance of security tokens or crypto securities up to EUR 5 million via their own publicly accessible internet platform require a permit to do so under the ECSP Regulation.
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Crowdfunding According to ECSP Regulation – Is a Securities Prospectus required?
Under the ECSP Regulation, securities issuances can also be offered via crowdfunding platforms. Which requirements with regard to prospectus law do issuers have to fulfill in projects of this type?
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Crowdfunding under ECSP Regulation – Liability Limitations for Issuers in Sight
According to the Draft Bill on the German Future Financing Act, the Liability of the Issuer for Misinformation in an Investment Information Document is to be Limited. The Direct Liability of the Management Bodies is to be Abolished.
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Crowdfunding Service Provider Regulation – What Will Be Regulated by the New EU Regulation?
The European parliament passed the final version of the long-discussed European Crowdfunding Service Provider Regulation (ECSP) on 7th of October 2020. The new regulation is supposed to go into effect in about one year. Just as any other European regulation it will be directly applicable to European citizens and businesses. A transposition into the national […]
