ESMA_QA_2134
Topic
Safeguarding of client assets
15/03/2024
Subject Matter
Authorisation and supervision of CSPs
Question
When applying for the authorisation as a CSP, what are the proofs of own funds that existing
undertakings can provide to the relevant authorising authority for the purpose of point (i) of
Article 12(2) of the ECSPR and Field 10 of the Annex to the Delegated Regulation
2022/2112?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_2133
Topic
Control functions (Compliance, Risk and Audit)
15/03/2024
Subject Matter
Use of Special Purpose Vehicles
Question
Can a CSP hold a participation in a SPV?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_2132
Topic
Safeguarding of client assets
15/03/2024
Subject Matter
Use of Special Purpose Vehicles
Question
When should an entity be considered as an SPV within the meaning of point (q) of Article 2(1)
of the ECSPR ?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_2055
Topic
Appropriateness
19/12/2023
Subject Matter
Legal person appointed as responsible of the management of a CSP
Question
Can a legal person be appointed to be responsible of the management of a CSP within the meaning of Article 12(2) of the ECSPR?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business
ESMA_QA_2054
Topic
Appropriateness
19/12/2023
Subject Matter
Material changes to content of application
Question
What type of changes to the information provided in the application for authorisation needs to be notified without undue delay to the authorising competent authority?
Level 1 Regulation
Regulation 2020/1503 - European crowdfunding service providers for business