Revocation Process for Crowdfunding Service Providers

This section sets out the requirements of the Central Bank where a Crowdfunding Service Provider proposes to seek voluntary revocation of its authorisation. Firms seeking to apply for a voluntary revocation need to ensure that their clients are not negatively affected by the process. Requests for voluntary revocation should be submitted to the Central Bank by completing the Revocation Form below and submitting it together with any applicable supporting documentation to the Central Bank at [email protected]. Incomplete applications will not be processed and may be returned thereby potentially exposing your firm to increased regulatory levies by reason of the delay in the removal of the firm’s name from the Central Bank’s register of Crowdfunding Service Providers. The authorisation held by your firm can be checked on the Central Bank’s registers.

Please ensure that all sections of the Revocation Form are completed. Any queries in relation to the revocation process should be addressed to [email protected]. If you have any queries regarding any outstanding regulatory levies due by the firm to the Central Bank, please contact our billing & collections section at [email protected].

Crowdfunding Service Providers are obliged to comply with the requirements imposed on them under the relevant legislation, e.g. the EU (Crowdfunding Regulations) and the applicable parts of the Consumer Protection Code, in relation to their business generally and in relation to the cessation of their business. If you are in any doubt about the obligations of your firm in that regard, you may wish to take legal or other professional advice.

Application Form for Revocation of Crowdfunding Service Provider :