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🔗 Back to Summary. 🇫🇷 French Version: 2022R2116_FR.4. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 3 – Continuity of the provision of critical services ⬅️ | ➡️ Article 5 – Procedures
Références LVL1 <=> LVL2
Level 1 reference(s): 2020R1503_EN.21
Article 4 - Sound administration of agreements
1.
The business continuity plan shall, taking into account the nature, scale and complexity of the crowdfunding service provider as well as its business model, set out detailed measures to be taken to ensure the sound administration of agreements between the crowdfunding service provider and its clients.
2.
The steps referred to in paragraph 1 shall be applied to:
(a)
agreements between the crowdfunding service provider and its clients, including information that is of critical importance for the sound administration of agreements;
(b)
results from the entry knowledge test referred to in 2020;
(c)
other critical business data.
3.
The steps referred in paragraph 1 shall consist in the following:
(a)
the storage in a safe place of agreements referred to in paragraph 2, point (a), where the original is only available in paper form;
(b)
relevant back-up of the documents and information referred to in paragraph 2.
4.
Information and agreements enabling to trace payments made by investors and project owners shall be considered as critical business data for the purposesof paragraph 2, point (c).