ESMA has also updated its Q&As on the application of the EuSEF Regulation and the EuVECA Regulation. The new Q&A relates to the use of the designations of EuSEF and EuVECA funds when marketed only in their home member state. ESMA confirms that the conditions for the use of the designations "EuSEF" and "EuVECA" are linked to the compliance of their managers with qualitative requirements, and not subject to any requirement to market the respective fund in more than one member state.