PSFP Authorization

PSFP authorization, crowdfunding service providers.

Whitepeak Law supports crowdfunding platforms seeking PSFP authorization under European Regulation 2020/1503: file preparation, AMF dialogue and ongoing compliance.

Practices

Areas
of practice.

PSFP authorization file

Preparation and submission of the PSFP authorization file to the AMF: activity description, governance structure, investor protection measures, AML/KYC procedures and risk management.

Regulatory scope analysis

Determination of whether PSFP authorization is required: activity qualification, threshold analysis, applicable exemptions and choice of the most appropriate regulatory framework.

Platform compliance

Implementation of the ongoing compliance obligations of authorized PSFPs: investor information, project selection standards, conflict of interest management and incident reporting.

AMF relationship management

Management of the AMF dialogue during authorization instruction and ongoing supervision: response to requests, management of inspection findings and regulatory change monitoring.

Clients

The parties we advise.

Crowdfunding platforms

Platforms facilitating investment in company securities or loans: PSFP authorization, compliance and ongoing AMF relationship management.

Real estate crowdfunding

Real estate investment platforms: regulatory qualification analysis, PSFP authorization where applicable and alternative framework analysis.

Foreign platforms entering the French market

European platforms seeking AMF authorization or passporting their existing PSFP authorization into France.

Platforms reviewing their status

Analysis of current regulatory status, identification of authorization needs and transition planning.

Approach

A practice result-oriented.

PSFP regulation expertise

In-depth knowledge of European Regulation 2020/1503 and its French implementation. A practical understanding of AMF expectations for PSFP authorization files.

Adapted file structure

Each PSFP file must be adapted to the specific model of the platform: type of investments offered, investor profile, ticket size and risk management procedures.

Ongoing compliance support

PSFP authorization creates ongoing obligations. Whitepeak Law supports authorized platforms in their ongoing compliance and management of regulatory changes.

Paris Bar·UCLA School of Law·MIT Sloan School of Management·White & Case·Allen & Overy·Former Partner, Beaubourg Avocats

Your PSFP authorization project.

Confidential first exchange to qualify your activity, assess the conditions for PSFP authorization and plan your AMF file.

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