On 31 May 2016, ESMA published an updated version of its Q&A on the application of the European Social Entrepreneurship Funds (EuSEF) Regulation and the European Venture Capital Funds (EuVECA) Regulation.  The Q&A includes a new question and answer on the use of the designations of EuSEF and EuVECA funds when marketed only in their home member state; the conditions for the use of the designations EuSEF and EuVECA are linked to the compliance of their managers with qualitative requirements, and are not subject to any requirement to market the respective fund in more than one member state.