The EU crowdfunding framework proposed by the European Commission will help to build a capital markets union, foster innovation and support entrepreneurs and SMEs across the EU, says the European Economic and Social Committee (EESC) in a recently adopted opinion, which strongly supports the Commission’s proposals. The proposed regulatory framework – a 29th regime, to exist in parallel with the 28 national regimes – will allow small, young and innovative enterprises in particular to strive for financing in all member states.
While the EESC agrees with most of the rules proposed by the Commission, it calls for additional measures to make them fit for the market. Risk management, and clarity and certainty of rules for all market…
