Print Friendly, PDF & Email

The Financial Market Authority is the competent authority for the registration of Managers of European Social Entrepreneurship Funds (EuSEFs). The European Social Entrepreneurship Fund Regulation (Regulation (EU) No 346/2013 – EuSEF Regulation) forms the legal basis. This Regulation is intended to strengthen growth in social enterprises. Social enterprises are enterprises that make social services or goods available for persons who require protection, or are marginalised, deprived or socially excluded. Such services include finding places to live, access to healthcare services, looking after elderly or disabled people, childcare, access to employment and training and care management. EuSEF managers must be authorised as alternative investment funds managers (AIFMs), with the EuSEFs themselves being authorised as alternative investment funds (AIFs).

Term-Nr.: 345

German: Europäischer Fonds für soziales Unternehmertum (EuSEF) (321)

Source: FMA AT m. e. E., 30.10.2018

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *