On 10 March 2023, the European Securities and Markets Authority (ESMA) updated the following Questions and Answers (Q&As)

• Application of the EuSEF and EuVECA Regulations – The Q&As have been updated to include ‘Question 5: Investment in another qualifying venture capital fund/ qualifying social entrepreneurship fund’.
• Application of the AIFMD – The Q&As have been updated to include ‘Section XVI: Exemptions’.
• On the European crowdfunding service providers for business Regulation – The Q&As have been updated to include ‘3.14 Payment services’.