Crowdfunding platform operators must not provide advice on the crowdfunding offers hosted on their platform. The existence of filtering tools on the platform is not regarded as advice if such tools provide information to clients in an objective and neutral manner that does not constitute a recommendation. Such tools include those that display results based on criteria relating to purely objective product features. Objective product features in this context could be pre-defined project criteria such as the economic sector, the instrument used and the interest rate, or the risk category where sufficient information regarding the calculation method is disclosed. Similarly, key financial figures calculated without any scope for discretion are also considered to be objective criteria.
Added: April 2022