+Article 21 1.

Article 21 1.

While respecting the principle of proportionality, the competent authority shall take the appropriate measures referred to in paragraph 2, as applicable, where the manager of a qualifying venture capital fund:

▼B

(a) 

fails to comply with the requirements that apply to portfolio composition, in breach of Article 5;

(b) 

markets, in breach of Article 6, the units and shares of a qualifying venture capital fund to non-eligible investors;

▼M1

(c) 

uses the designation ‘EuVECA’ but is not registered in accordance with Article 14, or the qualifying venture capital fund is not registered in accordance with Article 14a;

▼B

(d) 

uses the designation ‘EuVECA’ for the marketing of funds which are not established in accordance with point (b)(iii) of Article 3;

▼M1

(e) 

has obtained registration through false statements or any other irregular means, in breach of Article 14 or Article 14a;

▼B

(f) 

fails to act honestly, fairly or with due skill, care or diligence, in conducting their business, in breach of point (a) of Article 7;

(g) 

fails to apply appropriate policies and procedures for preventing malpractices, in breach of point (b) of Article 7;

(h) 

repeatedly fails to comply with the requirements under Article 12 regarding the annual report;

(i) 

repeatedly fails to comply with the obligation to inform investors in accordance with Article 13.

1. Übersicht

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1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

Anforderungen

3. Zugehörige Standards

Standards