European Social Entrepreneurship Funds Regulation (EuSEF)
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
- 20 Jun 2019Entry into force
- 11 Dec 2019Date 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.
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