Abstract
In this chapter we analyse Article 8 ECSPR, which provides on conflict of interests. Crowdfunding, from the perspective of the activity performed by the platform, is an intermediation service, which consists in the 'matching of business funding interests of investors and project owners.' Platforms go between users and suppliers of financial resources, acting on behalf of their clients without risking their own assets. Their relationship can be generally modelled as a principal-agent relationship. Information asymmetries, and credit and investment risk, can be exacerbated if the incentives investors and CSPs face are not aligned. In this chapter, we analyse the several requirements imposed by the ECSPR to prevent and mitigate conflicts of interests potentially detrimental to CSPs' clients.
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