About this initiative
Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on European Crowdfunding Service Providers (ECSP) for Business
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The Regulation on European Crowdfunding Service Providers (ECSP) for business does not mention payment agents. Under PSD 2 - Crowdfunding platforms can become Payment agents - in France for eg they have to become payment agents as they participate in the initiation of payment orders for third parties. The simple act of participating in the payment initiation makes them agents. Article 9.2 of the suggested regualtion shall be amended to...