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CHAPTER II CONDITIONS FOR THE USE OF THE DESIGNATION ‘EuSEF’

CHAPTER II CONDITIONS FOR THE USE OF THE DESIGNATION ‘EuSEF’

1. Ħarsa ġenerali

,
Article 4

Article 4

Managers of qualifying social entrepreneurship funds that comply with the requirements set out in this Chapter shall be entitled to use the designation ‘EuSEF’ in relation to the marketing of qualifying social entrepreneurship funds across the Union.
Article 4a
Article 5
Article 6
Article 7

Article 7

Managers of qualifying social entrepreneurship funds shall, in relation to the qualifying social entrepreneurship funds they manage:

(a) 

act honestly, fairly and with due skill, care and diligence in conducting their activities;

(b) 

apply appropriate policies and procedures for preventing malpractices that can reasonably be expected to affect the interests of the investors and the qualifying portfolio undertakings;

(c) 

conduct their business activities in such a way as to promote the positive social impact of the qualifying portfolio undertakings in which they have invested, the best interests of the qualifying social entrepreneurship funds that they manage, the investors therein and the integrity of the market;

(d) 

apply a high level of diligence in the selection and ongoing monitoring of investments in qualifying portfolio undertakings and the positive social impact of those undertakings;

(e) 

possess adequate knowledge and understanding of the qualifying portfolio undertakings in which they invest;

(f) 

treat their investors fairly;

(g) 

ensure that no investor obtains preferential treatment, unless such preferential treatment is disclosed in the rules or instruments of incorporation of the qualifying social entrepreneurship fund.
Article 8
Article 9
Article 10
Article 11
Article 12
Article 13
Article 14

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards