On Monday 5 November, the committee on economic and monetary affairs (ECON) of the European Parliament adopted the draft report by Ashley Fox (ECR, UK) on the proposed regulation to facilitate crowd funding.
Readers may recall that the European Commission's original proposal provided for a European passport to allow crowdfunding platforms to apply to provide their services throughout Europe, following the prior authorisation of the European Securities and Markets Authority (ESMA) (see EUROPE...