The European Securities and Markets Authority (ESMA) has published a questions and answers paper (Q&A), on the application of the European Social Entrepreneurship Funds (EuSEF) Regulation and the European Venture Capital Funds Regulation (EuVECA).

The aim of the Q&A is to promote common supervisory approaches and practices in the application of the EuSEF and EuVECA Regulations. The answers are also intended to help EuSEF and EuVECA managers to serve as a guide in knowing how they should align their own practices.

The questions relate to the following matters:

  • management of EuSEF and EuVECA by alternative investment fund managers (AIFMs);
  • registration of EuSEF and EuVECA managers; and
  • management and marketing of alternative investment funds (AIFs) by EuSEF and EuVECA managers.

View Questions and answers: application of the EuSEF and EuVECA Regulations, 26 March 2014