On 24 November, Taylor Wessing published this article saying that the EU Regulation on European Crowdfunding Service Providers (ECSPR) came into operation on 10 November after more than 2 years of long and intense discussions between EU lawmakers.  In this first part of a publication the firm analyses the scope of application of the ECSPR and the authorisation requirement that prospective CSP will need to fulfil under the new regime.  The second part will analyse the investor protection requirements that the prospective CSP will need to comply with as well as the impact of the ECSPR on national regulatory framework in Germany.

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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