2013R0346 - Summary
REGULATION (EU) No 346/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 17 April 2013 on European social entrepreneurship funds (Text with EEA relevance)
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🇫🇷 French Version: 2013R0346_FR.0. Open the PDF. Direct link to EUR-LEX.
CHAPTER I - SUBJECT MATTER, SCOPE AND DEFINITIONS
Article 1 - This Regulation lays down uniform requirements and conditions for managers of collective investment undertakings that wish to use the designation ‘EuSEF’ in relation to the marketing of qualifying social entrepreneurship funds in the Union, thereby contributing to the smooth functioning of the internal market.
Article 2 - 1.
Article 3 - 1.
CHAPTER II - CONDITIONS FOR THE USE OF THE DESIGNATION ‘EuSEF’
Article 4 - Managers of qualifying social entrepreneurship funds that comply with the requirements set out in this Chapter shall be entitled to use the designation ‘EuSEF’ in relation to the marketing of qualifying social entrepreneurship funds across the Union.
Article 4a - 1.
Article 5 - 1.
Article 6 - 1.
Article 7 - Managers of qualifying social entrepreneurship funds shall, in relation to the qualifying social entrepreneurship funds they manage:
Article 8 - 1.
Article 9 - 1.
Article 10 - 1.
Article 11 - 1.
Article 12 - 1.
Article 13 - 1.
Article 14 - 1.
CHAPTER III - SUPERVISION AND ADMINISTRATIVE COOPERATION
Article 15 - 1.
Article 15a - 1.
Article 15b - Member States shall ensure that any refusal to register a manager as referred to in Article 15 or a fund as referred to in Article 15a shall be substantiated, shall be notified to the managers referred to in those Articles and shall be subject to a right of appeal before a national judicial, administrative or other authority. That right of appeal shall also apply in respect of registration where no decision on registration has been taken within two months of the manager having provided all the required information. Member States may require that a manager exhaust any administrative preliminary remedy provided for under national law before exercising that right of appeal.
Article 16 - Managers of qualifying social entrepreneurship funds shall inform the competent authority of the home Member State where they intend to market:
Article 17 - 1.
Article 17a - 1.
Article 18 - 1.
Article 18a - Accessibility of information on the European single access point
Article 19 - 1.
Article 20 - Competent authorities shall, in accordance with national law, have all supervisory and investigatory powers that are necessary for the exercise of their functions. They shall, in particular, have the power to:
Article 21 - 1.
Article 22 - 1.
Article 22a - The powers conferred on competent authorities in accordance with Directive 2011/61/EU, including those related to penalties, shall also be exercised with respect to the managers referred to in Article 2(2) of this Regulation.
Article 23 - 1.
Article 24 - 1.
Article 25 - In the event of disagreement between competent authorities of Member States on an assessment, action or omission of one competent authority in areas where this Regulation requires cooperation or coordination between competent authorities from more than one Member State, competent authorities may refer the matter to ESMA, which may act in accordance with the powers conferred on it under Article 19 of Regulation (EU) No 1095/2010, in so far as the disagreement does not relate to point (b)(i) or to point (d)(i) of Article 3(1) of this Regulation.
CHAPTER IV - TRANSITIONAL AND FINAL PROVISIONS
Article 26 - 1.
Article 27 - 1.
Article 28 - 1.
Article 29 - This Regulation shall enter into force on the twentieth day following that of its publication in the