Is centella asiatica serum regulated differently in the EU vs. the US?

In the US, centella asiatica is an unrestricted cosmetic ingredient under FDA 21 CFR. The EU permits it under EC No 1223/2009 with no specific concentration limit. Both markets prohibit drug-style claims like 'heals wounds.' The EU additionally requires CPNP portal notification and a CPSR from a qualified safety assessor before market entry.