ESMA issued updated versions of its Questions and Answers (Q&A) on the application of the European Social Entrepreneurship Funds (EuSEF) Regulation (346/2013) and the European Venture Capital Funds Regulation (EuVECA) (345/2013). New Q&As 1b and 1c have been added looking at whether AIFMs above the threshold of Article 3(2)(b) of the AIFMD can manage and market EuSEF and EuVECA and which provisions should apply.