Commission Implementing Regulation (EU) 2022/2120 of 13 July 2022 laying down implementing technical standards for the application of Regulation (EU) 2020/1503 of the European Parliament and of the Council with regard to data standards and formats, templates and procedures for reporting information on projects funded through crowdfunding platforms (Text with EEA relevance)

Data standards and formats, template and procedures for reporting information to competent authorities

Article 1

1.   Information reported pursuant to Article 16(1) of Regulation (EU) 2020/1503 shall include the complete and accurate details referred to in Table 2 in the Annex to this Regulation, in accordance with the standards and formats specified in that Table, using an electronic form in a common CSV template or in another alternative format accepted by the competent authority to which the information is to be reported. 2.   The procedures for reporting information in accordance with this Article shall include mechanisms to ensure the confidentiality of the information reported. 3.   The information referred to in paragraph 1 shall be reported for each calendar year by the end of February of the following calendar year. 4.   The information referred to in paragraph 1 shall include the following details: (a) for the crowdfunding service provider, the ISO 17442 legal entity identifier (LEI) code; (b) for the project owner: (i) the LEI code, if the project owner is a legal person; (ii) the identifier set out in Article 6 of Delegated Regulation (EU) 2017/590, if the project owner is a natural person; (c) for each individual project, the identifier of the crowdfunding offer determined in accordance with Article 3 of Delegated Regulation (EU) 2022/2119.

Data standards and formats, template and procedures for reporting information to ESMA

Article 2

1.   Information reported pursuant to Article 16(2) of Regulation (EU) 2020/1503 shall include the complete and accurate details referred to in Table 3 in the Annex to this Regulation, in accordance with the standards and formats specified in that Table, using an electronic form in a common CSV template. 2.   The information permitting the identification of the project owner shall be anonymised using a common cryptographic hashing algorithm.

Entry into force

Article 3

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union .

ANNEXSupplementary provisions

ANNEX Table 1 Glossary for Tables 2 and 3 SYMBOL DATA TYPE DEFINITION {ALPHANUM-n} Up to n alphanumerical characters Free text field. {COUNTRYCODE_2} 2 alphanumerical characters 2 letter country code, as defined by ISO 3166-1 alpha-2 country code {CURRENCYCODE_3} 3 alphanumerical characters 3 letter currency code, as defined by ISO 4217 currency codes {DECIMAL-n/m} Decimal number of up to n digits in total of which up to m digits can be fraction digits Numerical field for both positive and negative values. — decimal separator is ‘.’ (full stop); — thousand separator is not used; — negative numbers are prefixed with ‘-’ (minus); — values are rounded and not truncated. {INTEGER-n} Integer number of up to n digits in total Numerical field for both positive and negative integer values. — thousand separator is not used; — negative numbers are prefixed with ‘-’ (minus). {LEI} 20 alphanumerical characters The ISO 17442 legal entity identifier (LEI) code {NATIONAL_ID} 35 alphanumerical characters The identifier is derived in accordance with Article 6 of Delegated Regulation (EU) 2017/590. Table 2 Information to be reported to competent authorities N Field Content to be reported Format and standards to be used for reporting 1 Crowdfunding service provider identification code Code used to identify the crowdfunding service provider responsible for submitting the report. {LEI} 2 Reporting period The year which the report is submitted for. YYYY Information on the projects for which a crowdfunding offer has been made by the crowdfunding service provider during the reporting period. Fields 3 to 6 shall be repeated for each project. If the amount raised is expressed in more than one currency, fields 5 to 6 shall be repeated for each currency respectively. 3 Identifier of the crowdfunding offer Unique identifier of the crowdfunding offer as specified in Article 3 of Delegated Regulation (EU) 2022/2119. {ALPHANUM-28} 4 Sector Sector of the project as specified in the first level of classification set out in Article 2(1), point (a), of Regulation (EC) No 1893/2006 of the European Parliament and of the Council  ( 1 ) . {ALPHANUM-1} 5 Amount raised The amount raised for the project. The information reported in this field shall be consistent with the values provided in field 12. {DECIMAL-18/5} 6 Amount raised currency Currency in which the amount raised is expressed. {CURRENCYCODE_3} Information on the project owner(s) of each project. Field 7 shall be repeated for each project owner. 7 Project owner(s) identifier Code used to identify the project owner: (a) where the project owner is a legal entity, the LEI code; (b) where the project owner is a natural person, the identifier determined in accordance with Article 6 of Delegated Regulation (EU) 2017/590. {LEI} {NATIONAL_ID} Information on the investors and the instruments issued for each project. If different types of instruments, different types of investors, different countries of investors or currencies are to be reported, fields 8 to 13 shall be repeated as many times as required for each combination of instrument type, investor type, investor country and currency. 8 Instrument type Type of instruments issued. LOAN – Loans ICFP – Admitted instruments for crowdfunding purposes EQUI – Equity instruments which are transferable securities pursuant to Article 4(1), point (44), of Directive 2014/65/EU of the European Parliament and of the Council  ( 2 ) , such as those referred to in point (a) thereof DEBT – Debt instruments which are transferable securities pursuant to Article 4(1), point (44), of Directive 2014/65/EU, such as those referred to in point (b) thereof OTHR – Other transferable securities, pursuant to Article 4(1), point (44), of Directive 2014/65/EU, such as those referred to in point (c) thereof 9 Investor type Type or types of investors indicating whether the investor is: (a) a natural or legal person who is a professional client by virtue of Section I, points (1) to (4), of Annex II to Directive 2014/65/EU; (b) a natural or legal person who has the approval of the crowdfunding service provider to be treated as a sophisticated investor in accordance with the criteria and the procedure laid down in Annex II to Regulation (EU) 2020/1503; (c) a non-sophisticated investor; (d) the project owner. Where the amount reported in field 12 refers to the amount invested into the project by the project owner, then the investor type reported in this field shall include the project owner as referred to in point (d). PROF – a professional client in accordance with Section I, points (1) to (4), of Annex II to Directive 2014/65/EU SOPH – a sophisticated investor in accordance with the criteria and the procedure laid down in Annex II to Regulation (EU) 2020/1503 RETL – Non-sophisticated investor OTHR – Project owners 10 Investor country Country of fiscal residency of the investors. {COUNTRYCODE_2} 11 Number of investors The number of individual investors for the given investor type and the investor country. {INTEGER-9} 12 Invested amount The total amount invested for the given investor type and the investor country expressed in the currency used for the payment. {DECIMAL-18/5} 13 Invested amount currency Currency in which the invested amount is expressed. {CURRENCYCODE_3} Table 3 Information to be reported to ESMA N Field Content to be reported Format and standards to be used for reporting 1 Crowdfunding service provider identification code Code used to identify the crowdfunding service provider responsible for submitting the report. {LEI} 2 Reporting period The year which the report is submitted for. YYYY Information on the projects for which a crowdfunding offer has been made by the crowdfunding service provider during the reporting period. Fields 3 to 6 shall be repeated for each project. If the amount raised is expressed in more than one currency, fields 5 to 6 shall be repeated for each currency respectively. 3 Identifier of the crowdfunding offer Unique identifier of the crowdfunding offer as specified in Article 3 of Delegated Regulation (EU) 2022/2119. {ALPHANUM-28} 4 Sector Sector of the project as specified in the first level of classification set out in Article 2(1), point (a), of Regulation (EC) No 1893/2006. {ALPHANUM-1} 5 Amount raised The amount raised for the project. The information reported in this field shall be consistent with the values provided in field 12. {DECIMAL-18/5} 6 Amount raised currency Currency in which the amount raised is expressed. {CURRENCYCODE_3} Information on the project owner(s) of each project. Field 7 shall be repeated for each project owner. 7 Project owner(s) anonymised identifier The identifier of the project owner anonymised in accordance with Article 2(2). {ALPHANUM} Information on the investors and instruments issued for each project. If different types of instruments or different types of investors, different countries of investors or currencies are to be reported, fields 8 to 13 shall be repeated as many times as required for each combination of instrument type, investors type, investors country and currency. 8 Instrument type Type of instruments issued. LOAN – Loans ICFP – Admitted instruments for crowdfunding purposes EQUI – Equity instruments which are transferrable securities pursuant to Article 4(1), point (44), of Directive 2014/65/EU, such as those referred to in point (a) thereof DEBT –Debt instruments which are transferrable securities pursuant to Article 4(1), point (44), of Directive 2014/65/EU, such as those referred to in point (b) thereof OTHR – Other transferable securities pursuant to Article 4(1), point (44), of Directive 2014/65/EU, such as those referred to in point (c) thereof 9 Investor type Type of investors indicating whether the investor is: (a) a natural or legal person who is a professional client by virtue of Section I, points (1) to (4), of Annex II to Directive 2014/65/EU; (b) a natural or legal person who has the approval of the crowdfunding service provider to be treated as a sophisticated investor in accordance with the criteria and the procedure laid down in Annex II to Regulation (EU) 2020/1503; (c) a non-sophisticated investor; (d) the project owner. Where the amount reported in field 12 refers to the amount invested into the project by the project owner, then the investor type reported in this field shall include the project owner as referred to in point (d). PROF – a professional client in accordance with Section I, point (1) to (4), of Annex II to Directive 2014/65/EU SOPH – a sophisticated investor in accordance with the criteria and the procedure laid down in Annex II to Regulation (EU) 2020/1503 RETL – Non-sophisticated investor OTHR – Project owners 10 Investor country Country of fiscal residency of the investors. {COUNTRYCODE_2} 11 Number of investors The number of individual investors for the given investor type and the investor country. {INTEGER-9} 12 Invested amount The total amount invested for the given investor type and the investor country expressed in the currency used for the payment. {DECIMAL-18/5} 13 Invested amount currency Currency in which the invested amount is expressed. {CURRENCYCODE_3} ( 1 )   Regulation (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regulation (EEC) No 3037/90 as well as certain EC Regulations on specific statistical domains ( OJ L 393, 30.12.2006, p. 1 ). ( 2 )   Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU, ( OJ L 173, 12.6.2014, p. 349 ).