Crowdfunding Service Providers Bill

The Crowdfunding Service Providers Bill reached its second reading stage in Parliament on the 28^th June, 2023 and was on the 5^th July 2023 discussed at the Adjunct Committee for the Consideration of Bills. This aim of the Bill is to propose legislation to implement the provisions of EU Regulation number 2020/1503 on European crowdfunding service providers for business and it provides for the establishment of a regulatory framework for crowdfunding service providers (“CSPs”) for business, including the organisation, authorisation and supervision of such CSPs.