Finland’s Presidency of the Council of the European Union
Council of the EU and European Parliament reach preliminary agreement on rules for crowdfunding

Ministry of Finance 19.12.2019 10.47 | Published in English on 19.12.2019 at 12.48
Press release

The EU will establish harmonised rules that make it easier for crowdfunding platforms to provide their services cross-border. The aim is to diversify opportunities for businesses to raise funding, expand the range of options available to investors and create clear rules for investor protection.

The Council of the European Union and the European Parliament reached a preliminary agreement on the rules for crowdfunding. Finland, as the country holding the Presidency of the Council, held trilogue negotiations with the European Parliament and the European Commission.

Following finalisation of technical work, the deal will be submitted for endorsement by the Permanent Representatives Committee.

Press release from the Council of the European Union

Cross-border crowdfunding: new financing opportunities for businesses (EU2019FI backgrounder)

Inquiries:

Paula Kirppu, Senior Ministerial Adviser, tel. +358 2955 30552, paula.kirppu(at)vm.fi

Tiina Heinonen, Senior Specialist, tel. +358 2955 30512, tiina.heinonen(at)vm.fi

Financial markets