Commission Adopts Delegated Regulation Regarding COI’s on EuVECA Funds

Published 4 February 2019

PrintCategory: EuVECA

On 4 February 2019, the European Commission adopted a delegated regulation regarding conflicts of interest in relation to European Venture Capital Funds (EuVECA). The proposal specifies the type of conflict of interest referred to in the EuVECA regulation and the steps that EuVECA fund managers must take in order to identify, prevent, manage, monitor and disclose conflict of interests.

Next step: The proposal is now subject to a scrutiny period of three months in the European Parliament after which the proposal is expected to be published.

See the delegated regulation here.

 

Tags:  Conflict of Interests (COI)GovernanceVenture Capital


Also tagged ‘Conflict of Interests (COI)’

22 May 2019EuVECA

New Rules on EuVECA Conflicts of Interest

On 22 May 2019 the European Commission adopted delegated regulation specifying different types of conflicts of interest of managers of European Venture Capital Funds (EuVECA) and the steps to be taken in terms of structures, organisational and administrative procedures.

Conflict of Interests (COI)GovernanceVenture Capital
22 May 2019ArticlesEuVECA

The New EuVECA Conflict of Interest Rules

On 22 May 2019, the European Commission’s proposed delegated regulation supplementing the EuVECA Regulation was published in the Official Journal of the EU. It clarifies the conflicts of interest rules governing EuVECA managers and what measures to be taken by EuVECA managers to detect, prevent and control conflicts of interest.

Conflict of Interests (COI)Disclosure RequirementsGovernanceManagement Remuneration

Other updates

19 Sep 2023Financial RegulationUpdates

Proposal to amend the PRIIP Level 1 Regulation

The European Commission has earlier this year published a number of targeted proposals to amend the PRIIP Level 1 Regulation, implementing more modern rules on how a PRIIP Key Information Document (KID) is provided to investors. The proposed changes aim to change the content of the (KID) which must be provided to retail investors before investing.

KID / PRIIPS
19 Sep 2023Impact and ESGUpdates

Status on the CSDD Directive

On 13 September 2023, the Danish Corporate Governance Board published their annual account for 2022-2023. The account contains a status on the CSDD Directive which is still negotiated in the EU.

Sustainability
4 Sep 2023Impact and ESGUpdates

Memo from the Danish Financial Supervisory Authority on periodic reporting

On 30 August 2023, the Danish Financial Supervisory Authority (“DFSA”) published a memo describing the requirements in SFDR art. 11 for periodic reporting.

ComplianceDisclosure RequirementsSustainability
22 Aug 2023Impact and ESGUpdates

New reports on the understanding of greenwashing

The progress reports are a result of a push from stakeholders requesting greater market integrity, investor protection and trusted environments for sustainable investments as sustainability has become an important competitive factor.

ESMASustainability
11 Aug 2023Impact and ESGUpdates

European Sustainability Reporting Standards have been adopted

On 31 July 2023 the European Commission adopted European Sustainability Reporting Standards (ESRS) which are mandatory standards for companies under CSRD to use when reporting on sustainability information.

Sustainability
7 Jul 2023Updates

Revision of the Investment Screening Act has entered into force

On 1 July 2023, a revision of the Investment Screening Act (the “Act”) entered into force. The revision revolves around two areas: public contracts and administrative procedures.

Danish RegulationGovernance