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🔗 Back to Summary. 🇫🇷 French Version: 2022R2118_FR.10. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 9 – Distribution of loans according to risk category ⬅️ | ➡️ Article 11 – Information about risk mitigation measures
Références LVL1 <=> LVL2
Level 1 reference(s): 2020R1503_EN.6 > 4#d
Article 10 - Key information for every loan included in the portfolio
1.
The key information for every loan of which a portfolio is composed referred to in Article 6(4), point (d) of Regulation (EU) 2020/1503 shall contain all of the following:
(a)
the amount of the loan, including the most recent outstanding balance;
(b)
the currency in which the loan is granted;
(c)
the entity responsible for the servicing of the loan, including its legal name, registration number and place of registration, registered office and contact details, and its servicing policy;
(d)
the identity of the project owner, including indicating its legal name, the country of incorporation and registration number, the address of its registered office and its corporate website;
(e)
the ownership structure of the project owner;
(f)
the purpose of the loan, by adding a brief description of the crowdfunding project;
(g)
the interest rate or any other compensation laid down in the loan, for each year until maturity, and where the interest rate or any other compensation is not directly available, the calculation method;
(h)
the maturity date of the loan;
(i)
the relevant risk category to which the loan is assigned in accordance with the risk management framework referred to in Article 4(4), point (f) of Regulation (EU) 2020/1503;
(j)
the schedule for the repayment of the principal and for the payment of interest on the loan;
(k)
the compliance of the project owner with the instalment payment schedule of the loan by indicating any past due payment or any default as referred to in Article 1(1) of Commission Delegated Regulation (EU) 2022/2115
;
(l)
the percentage of the amount of the crowdfunding project being financed by the investor through the loan, expressed as the ratio between:
(i)
the notional amount of the loan;
(ii)
the total amount of the crowdfunding project.
2.
The information provided for each loan included in a portfolio shall report whether a project owner has more than one crowdfunding project in place financed through any crowdfunding service provider, and contain all of the following information:
(a)
the type of offer and the instrument used for financing the project;
(b)
the completion date (past or expected);
(c)
the notional amount that the project owner is borrowing;
(d)
other relevant information, including all other financial obligations and contingent liabilities.
3.
The crowdfunding service provider shall require the project owner to provide the information referred to in paragraph 2.
4.
Crowdfunding service providers shall take appropriate steps to ensure that the information provided by project owners in accordance with paragraph 3 is accurate, reliable and up to date.