Legal News

Commission communication to Parliament endorses Council’s position on EU crowdfunding proposals

Published on: 29 July 2020
Published by LNB News

LNB News 29/07/2020

Document Information

Issue Date: 29 July 2020

Published Date: 29 July 2020

Jurisdiction(s): United Kingdom

Article summary

Following the adoption by the Council of the EU of its first reading position on 20 July 2020, on a regulation on European crowdfunding service providers for business and a directive amending MiFID II, the European Commission has published a communication to the European Parliament endorsing the Council’s position. Following the Council's adoption of its first reading position, the European Parliament is expected to formally endorse the political agreement reached in the interinstitutional procedure.

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