Regulatory Alerts2022-01-12
Addendum to the Consumer Protection Code 2012 - January 2022
The Central Bank of Ireland issued this addendum to amend the Consumer Protection Code 2012, implementing national marketing requirements for crowdfunding service providers under EU Regulation 2020/1503. The document updates the Code's scope and advertising chapters to require specific regulatory disclosure statements and mandatory risk warnings in all advertisements directed at prospective investors. These amendments, effective from 13 January 2022, also introduce definitions for crowdfunding service providers and services to align with the relevant European legislation.
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