Elements to be included in the description of the method used to calculate prices of crowdfunding offers
Article 3
1. The description of the method used to calculate the price for crowdfunding offers shall explain how all of the following elements of the loan are considered in the pricing strategy: (a) the principal amount of the loan; (b) the maturity of the loan; (c) the time structure of repayment instalments; (d) the results of the scoring models. 2. The description of the method referred to in paragraph 1 shall indicate how all of the following elements are considered at the point of loan origination: (a) the risk-free interest rate used; (b) the risk category of the project owner assigned in accordance with Article 19; (c) the availability of collateral or guarantees; (d) any operating and administrative costs, and fees levied by the crowdfunding service provider for services provided in connection with the loan; (e) where relevant, any other risk associated with the loan. 3. In addition to the elements referred to in paragraphs 1 and 2, the description of the method referred to in paragraph 1 shall also indicate how all of the following elements are taken into account after the point of loan origination: (a) fees for loan administration and monitoring; (b) fees in relation to re-evaluation of collateral; (c) fees for changes to loan agreement terms or restructuring conditions, including changes following default by the project owner; (d) fees for the sale of the loan by the investor; (e) fees for the early repayment of the loan; (f) fees for contingency funds as referred to in Article 6(5) and (6) of Regulation (EU) 2020/1503.