on financial instruments under the European
fi-compass is a platform for advisory services
Employment and Social Innovation (EaSI).
Structural and Investment Funds (ESIF) and
microfinance under the Programme for
be an important tool for boosting EU agriculture.
Investments, in a variety of forms, will help create a modern, dynamic agri-food
sector to create jobs and enhance growth in the EU. Financial Instruments will
Financial instruments using the European Social Fund
can support a wide range of financially viable
investment projects

New EC guidance on selecting bodies to implement financial instruments

A new guidance note has been published by the European Commission about financial instruments using the European Structural & Investment Funds (ESIF). Managing authorities that use financial instruments as a tool for achieving the objectives of an ESIF programme can either undertake implementation tasks directly, invest in the capital of a newly created or existing legal entity, or entrust implementation tasks to other bodies. In the latter case, Article 38(4)(b) of the Common Provisions Regulation provides different possibilities for entrusting financial instruments implementation tasks. This new guidance note from the European Commission aims at providing clarifications about these possibilities.

Download and share the new EC Regulatory Guidance here

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