News News Flash | Crowdfunding | Regulation (EU) 2020/1503 22/10/2020

On the 20th of October, the Official Journal of the European Union L 347 published:

• Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European crowdfunding service providers for business (Regulation on European crowdfunding service providers), and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937; and
• Directive (EU) 2020/1504 of the European Parliament and of the Council of 7 October 2020 amending Directive 2014/65 / EU on markets in financial instruments ('MiFID II'). The Regulation will apply from 10 November 2021, with the Member States being responsible for transposing the Directive in order to guarantee its application as of the same date.

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