The Dutch Authority for the Financial Markets (AFM) has sent a step plan to nineteen crowdfunding platforms, setting out action points to help them assess where improvements are needed in service delivery and business operations to comply with the European Crowdfunding Regulation. An exploratory review found platforms are making progress towards structurally meeting the regulation, but that further attention is required to provide a reliable environment that connects investors and entrepreneurs. The step plan covers six areas, including information provision, the entry knowledge test, and management of ICT risks, and provides practical guidance for platforms to review and strengthen their processes step by step. AFM stresses the six areas are only a selection of the ongoing requirements for crowdfunding platforms and indicates it will continue risk-based supervision, including thematic compliance reviews, with a focus on the topics addressed in the step plan.
Dutch Authority for the Financial Markets 2025-09-15
Dutch Authority for the Financial Markets sends step plan to 19 crowdfunding platforms to address remaining gaps under the European Crowdfunding Regulation
The Dutch Authority for the Financial Markets (AFM) issued a step plan to nineteen crowdfunding platforms to enhance compliance with the European Crowdfunding Regulation. The plan outlines six key areas, including information provision and ICT risk management, for platforms to improve service delivery and operations. AFM will maintain risk-based supervision and thematic compliance reviews focusing on these areas.