ESMA_QA_1048

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1048

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Regulatory Context

Regulation : EuSEF

Level 1 Regulation: European Social Entrepreneurship Funds Regulation (EuSEF) Regulation (EU) No 346/2013

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: EuSEF

Subject Matter: Use of EuSEF and EuVECA designations

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Question

Submission Date: 31 May 2016

Are EuSEF and EuVECA funds allowed to use the designations “EuSEF” or “EuVECA”, respectively, even if they are only marketed in their home Member State?

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ESMA Answer

Answer Date: 31-05-2016

[ESMA 34-36-253 AIFMD Q&A, 4] Yes. The conditions for the use of the designations “EuSEF” and “EuVECA” are linked to the compliance of their managers with qualitative requirements (cf. chapter II of the respective Regulations), and not subject to any requirement to market the respective fund in more than one Member State.

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This document was automatically extracted from the ESMA EMIR Q&A database.