On October 3, the European Commission published a consultation paper on crowdfunding in the EU alongside a set of FAQs. In launching the consultation, the Commission aims to explore how EU action could promote crowdfunding in Europe. A range of soft-law measures, such as awareness raising, public funding and coordination of self-regulatory or national regulatory best practices will be considered. Responses can be submitted via an online questionnaire until December 20, and the consultation closes on December 31. Consultation Paper. FAQs.