New Rules on EuVECA Conflicts of Interest
Published 22 May 2019
Category: EuVECA
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 in order to identify, prevent, manage, monitor and disclose such conflicts.
Next Steps: The new rules will apply from 11 December 2019.
See the delegated regulation here.
Also tagged ‘Conflict of Interests (COI)’
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 RemunerationCommission Adopts Delegated Regulation Regarding COI’s on EuVECA Funds
The proposal specifies the type of conflict of interest referred to in the EuVECA directive and the steps that EuVECA fund managers must take.
Conflict of Interests (COI)GovernanceVenture CapitalOther updates
The Value Reporting Foundation – The Merger of IIRC and SASB
The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) has merged to form the Value Reporting Foundation.
SustainabilityVenture CapitalNew Pre-Marketing Regime has been Transposed into Danish law
The new pre-marketing regime provided by the Cross-Border Directive has by 1 July 2021 been transposed into Danish law.
AIFMDCross-BorderPre-MarketingEuropean Commission has Launched a Public Consultation on a Retail Investment Strategy
On 11 May 2021, the European Commission launched a public consultation on a retail investment strategy for Europe.
AIFMDMarketingPre-MarketingRetail InvestorsReclassification of Tax Transparent Entities
On 19 and 20 April 2021, the Danish tax authorities published two rulings from the Tax Assessment Council (in Danish: Skatterådet) regarding reclassification of tax transparent entities
Danish RegulationConsultation on Sustainable Corporate Governance Initiative is Completed
On 25 October 2020, the European Commission launched a public consultation on a possible EU-level regulatory initiative dedicated to foster long-term sustainable and responsible corporate behavior.
SustainabilityESA Publishes Joint Supervisory Statement on the Interpretation on Fund Managers’ ESG Disclosure Obligations
From 10 March 2021, fund managers are required to make certain ESG disclosures available on their website and in their pre-contractual disclosures to investors.
AIFMDComplianceDisclosure RequirementsSustainability