The European Securities and Markets Authority has published draft implementing technical standards to determine the format of notification under:
- article 16 of the Regulation on European Venture Capital Funds. Article 16 concerns one regulator notifying another about the registration of a manager of a qualifying venture capital fund; and
- article 17 of the Regulation on European Social Entrepreneurship Funds (EuSEF). Article 17 also concerns one regulator notifying another about the registration of a manager of a qualifying EuSEF.
The draft ITS have now gone to the European Commission for approval.