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EBA consults on RTS for the provision of crowdfunding investor information

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Published on: 08 December 2021

Published by LNB News

LNB News 08/12/2021

Document Information

Issue Date: 08 December 2021

Published Date: 08 December 2021

Jurisdiction(s): European Union

Article summary

The European Banking Authority (EBA) is consulting on draft regulatory technical standards (RTS) specifying the information that crowdfunding service providers would need to provide to investors. The proposed requirements cover the method used for the calculation of credit scores and loan prices, the factors that the providers need to consider when carrying out a credit risk assessment and conducting a valuation of a loan, and the underlying policies and governance arrangements. The consultation runs until 8 March 2022.

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