8 Amendments of Ramon TREMOSA i BALCELLS related to 2018/0048(COD)
Amendment 143 #
(3) The provision of crowdfunding services generally relies on three types of actors: the project owner that proposes the project to be funded, investors who fund the proposed project, generally by limited investments or loans, and an intermediating organisation in the form of a service provider that brings together project owners and investors through an online platform.
Amendment 164 #
(17a) Alternative investment instruments, such as Initial Coin Offerings, have potential in funding SMEs, innovative start-ups and scale-ups, and accelerate technology transfer, and can be an essential part of the Capital Markets Union. The legal certainty of a regulatory framework can be instrumental in increasing investor’s and consumer’s protection and reducing risks stemming from asymmetric information, fraudulent behaviours, illegal activities such as money laundering and tax evasion. It is therefore appropriate that the Commission in its review report analyses the necessity of a legal framework for ICOs or other alternative investment instruments and that, if deemed useful, this report is accompanied by a legislative proposal.
Amendment 165 #
Proposal for a regulation
Recital 17 a (new)
Recital 17 a (new)
(17a) Online technologies such as the distributed ledger (DLT), also known as blockchain, should be monitored by the Commission in order to seek its possible utilisation in crowdfunding procedures and processes.
Amendment 181 #
Proposal for a regulation
Recital 41
Recital 41
(41) Granting those competences to ESMA allows for a more efficient and centrally managed authorisation and oversight, generating economies of scale. Such a central supervisory regime avoids divergence within the Union and is beneficial to the market participants in terms of greater transparency, investor protection and market efficiency.
Amendment 198 #
Proposal for a regulation
Article 2 – paragraph 2 a (new)
Article 2 – paragraph 2 a (new)
2a. Member State legislation on license requirements relating to project owners or investors shall not prevent them from using crowdfunding services provided by crowdfunding service providers pursuant to and authorised under this Regulation.
Amendment 309 #
Proposal for a regulation
Article 16 – paragraph 5
Article 16 – paragraph 5
5. Crowdfunding service providers shall have in place and apply adequate procedures to verify the completeness, the correctness and the clarity of information contained in the key investment information sheet.
Amendment 327 #
Proposal for a regulation
Article 38 – paragraph 2 – point a
Article 38 – paragraph 2 – point a
(a) the functioning of the market for crowdfunding service providers in the Union, including market development and trends, taking into account supervisory experience acquired by ESMA, the number of crowdfunding service providers authorised by ESMA and their market share and in particular examining whether any adjustments are needed to the definitions and thresholds set out in this Regulation and whether the scope of services covered by this Regulation remains appropriate;
Amendment 331 #
Proposal for a regulation
Article 38 – paragraph 2 – point c
Article 38 – paragraph 2 – point c
(c) the implementation of the technological innovation in the crowdfunding sector, including the application of the newnon-bank financing methods (including initial coin offering), innovative business models and technologies;