1.   The roles and functions established in the risk management framework shall be responsible for the following:

(a)	assessing the credit risk of crowdfunding projects and project owners for scoring purposes in accordance with Chapter III;

(b)	assigning loans to appropriate risk categories;

(c)	designing appropriate processes for credit risk monitoring and reporting;

(d)	establishing appropriate processes to deal with situations in which the project owner is unable to fulfil its obligations or is in default, as laid down in Article 1(1) of the Delegated Regulation (EU) 2022/2115.

2.   Where crowdfunding service providers perform individual portfolio management tasks in respect of loans in accordance with Article 6 of Regulation (EU) 2020/1503, they shall have in place a detailedand documented process to allocate investors’ funds among crowdfunding projects.

3.   Crowdfunding service providers that suggest the pricing of crowdfunding offers shall have in place an adequate pricing framework, supported by appropriate documentation and governance structures responsible for taking pricing decisions.