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Regulation (EU) 2020/1503

Preamble
Recitals 79
Chapter I - General provisions (Article 1-2) 2
Chapter II - Provision of crowdfunding services and organisational and operational requirements of crowdfunding service providers (Article 3-11) 9
Chapter III - Authorisation and supervision of crowdfunding service providers (Article 12-18) 7
Chapter IV - Investor protection (Article 19-26) 8
Chapter V - Marketing communications (Article 27-28) 2
Chapter VI - Competent authorities and esma (Article 29-38) 10
Chapter VII - Administrative penalties and other administrative measures (Article 39-43) 5
Chapter VIII - Delegated acts (Article 44) 1
Chapter IX - Final provisions (Article 45-51) 7
Annexes 2
- Annex I
- Annex II

client

Defined in Article 2, Regulation (EU) 2020/1503

Definitions over time (1)

09/11/2020 – today applies on 12/11/2026 Article 2, Regulation (EU) 2020/1503 Scope: Whole act

1. For the purposes of this Regulation, the following definitions apply:

‘client’ means any prospective or actual investor or project owner to whom a crowdfunding service provider provides, or intends to provide, crowdfunding services;

Used in (60 places in 33 provisions on 12/11/2026)

Regulation (EU) 2020/1503 (60 in 33)

Recital 10 · Recital 11 · Recital 18 · Recital 19 · Recital 21 · Recital 23 · Recital 24² · Recital 25 · Recital 26 · Recital 28 · Recital 38 · Recital 39 · Recital 40 · Recital 42² · Recital 55² · Recital 56 · Recital 57 · Recital 71 · Article 2⁴ · Article 3 · Article 4 · Article 7³ · Article 8⁶ · Article 10 · Article 11² · Article 12³ · Article 19⁵ · Article 25⁷ · Article 26² · Article 30 · Article 38 · Article 45 · Annex II