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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

investor

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:

‘investor’ means any natural or legal person who, through a crowdfunding platform, grants loans or acquires transferable securities or admitted instruments for crowdfunding purposes;

Used in (227 places in 53 provisions on 12/11/2026)

Regulation (EU) 2020/1503 (227 in 53)

Recital 1 · Recital 2² · Recital 5 · Recital 6² · Recital 7 · Recital 9 · Recital 10² · Recital 11³ · Recital 13 · Recital 16 · Recital 18 · Recital 19⁴ · Recital 20 · Recital 22² · Recital 26 · Recital 28 · Recital 30 · Recital 33 · Recital 36 · Recital 42⁷ · Recital 43³ · Recital 44² · Recital 45³ · Recital 46³ · Recital 47⁵ · Recital 48 · Recital 49⁴ · Recital 50³ · Recital 51² · Recital 55² · Recital 67 · Recital 70 · Recital 74 · Article 1³ · Article 2¹⁷ · Article 3¹¹ · Article 6¹³ · Article 8³ · Article 10 · Article 12 · Article 16³ · Article 19² · Article 21²² · Article 22⁸ · Article 23¹³ · Article 24⁴ · Article 25² · Article 30² · Article 37 · Article 40 · Article 45⁹ · Annex I¹² · Annex II³³