Crowdfunding financiero en la Unión Europeael Reglamento (UE) 2020/1503 relativo a los proveedores europeos de servicios de financiación participativa para empresas

  1. Carmen Estevan de Quesada
Journal:
Revista española de capital riesgo

ISSN: 1887-2697

Year of publication: 2021

Issue: 1

Pages: 25-41

Type: Article

More publications in: Revista española de capital riesgo

Abstract

The increasing economic importance of crowdfunding since the beginning of the present century, together with the legal problems that these transactions may give rise to, have determined the national regulations that were enacted during the second decade of the 21st century. In view of the progressive national regulatory fragmentation that was occurring in the European Union and the call by the legal doctrine, the authorities and the industry for a European legislative action, the Commission presented in 2018 a Proposal for a Regulation in this field. This paper analyzes the meaning and content of the corresponding rules finally approved: Regulation 2020/1503, that shall apply from 10 November 2021