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🔗 Back to Summary. 🇫🇷 French Version: 2024R0358_FR.8. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 7 – Factors to be considered in assessing the financial situation of the project owner or of the crowdfunding project ⬅️ | ➡️ Article 9 – Information on credit protection arrangements
Article 8 - Information to be considered in assessing of the business model and strategy of crowdfunding projects or project owners
When assessing the credit risk of crowdfunding projects or project owners, crowdfunding service providers shall consider the following information in relation to the crowdfunding project’s business model and business strategy:
(a)
the project owner’s knowledge of the business sector relating to the crowdfunding project and experience in similar projects;
(b)
the feasibility and sustainability of the business plan linked to the crowdfunding project;
(c)
an analysis of the strengths and weaknesses of the crowdfunding project;
(d)
the degree of competition in the business sector in which the crowdfunding project is taking place;
(e)
the type of customers and their geographical location.