ESMA published its final report setting out technical advice to the European Commission on the delegated acts for the European Social Entrepreneurship Funds (EuSEF) and European Venture Capital Funds (EuVECA) Regulations. The implementing measures address the following topics:

  • the types of goods and services, methods of production for goods and services and financial support embodying a social objective;
  • conflicts of interest of EuSEF and EuVECA managers;
  • the methods for the measurement of the social impact; and
  • the information that EuSEF managers should provide to investors.