Risk warning pursuant to Article 21(4) of Regulation (EU) 2020/1503
Article 4
1. When issuing the risk warning referred to in Article 21(4) of Regulation (EU) 2020/1503, crowdfunding service providers shall not encourage prospective non-sophisticated investors to proceed with the investment. 2. The risk warning referred to in paragraph 1 shall contain the following text: ‘ An investment in a crowdfunding project includes the risk of losing the entirety of the money invested. ’ 3. The risk warning referred to in paragraph 1 shall be displayed to prospective non-sophisticated investors in an easily readable and prominent way on the crowdfunding service providers’ website. 4. The window displaying the risk warning referred to in paragraph 1 shall be prominent and remain visible on the crowdfunding service providers’ website until the prospective non-sophisticated investors have acknowledged that they have received and understood that warning.