EuSEF

European Social Entrepreneurship Funds Regulation (EuSEF)

Regulation (EU) 2019/819
In forceRegulationSustainable Finance

This Regulation aims to supplement the European Social Entrepreneurship Funds Regulation (EU 346/2013) by specifying the conflict of interest policies, social impact measurement procedures and investor information disclosure requirements that managers of qualifying social entrepreneurship funds must put in place. It sets out the prevention, monitoring and management measures that managers shall adopt when managing funds, to ensure that the interests of qualifying funds and their investors are protected and that investors receive sufficient information to assess the fund's social impact measurement methodology, investment strategy and risks.

Timeline

  1. 20 Jun 2019
    Entry into force
  2. 11 Dec 2019
    Date of application

Key facts

Reference
Regulation (EU) 2019/819
Adopted
20 May 2019
Published
31 May 2019
Status
In force
Topic
Sustainable Finance
Industries
Financial Services

Main compliance requirements

Paid members only

The main compliance requirements, applicability questions and penalties are available in the ZC Smart Compliance Hub. Paid members and clients can sign in to the Hub to view them.

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Related legislation

  • Based on Regulation (EU) No 346/2013 (Regulation of the European Parliament and of the Council on European social entrepreneurship funds). This Regulation supplements Article 9(5), Article 10(2) and Article 14(4) of that Regulation.

Official sources

Regulation (EU) 2019/819 amending Regulation (EU) No 346/2013 on European social entrepreneurship funds

Full text on EUR-Lex (Regulation (EU) 2019/819)

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