CrowdedHero has informed and presented its operational model tothe Financial and Capital Market Commission of the Republic of Latvia.
At the date, the ECSPR (Regulation (EU) 2020/1503 of the European Parliament and of the. Council of 7 October 2020 on European crowdfunding service providers) is in force, and we are in licensing process but have not yet regulated under crowdfunding service provider license. The Services are provided in a professional, fair and transparent way, we apply the requirements of the ECSPR when rendering the Services and to our internal operations.
To ensure that all services provided are professional, fair, and transparent, CrowdedHero has opted to apply the requirements of the [EU harmonized crowdfunding regulation] when rendering its services in addition to its internal operations policies and procedures.