EC Regulatory Guidance

EC Regulatory Guidance

30.10.2017

In the 2014-2020 legal framework, the managing authority of a financial instrument has the possibility to choose between several implementation options for financial instrument(s), as appropriate. The purpose of this guidance note is to explain the implementation options for the management of financial instruments under Article 38(1)(b) of the Common provisions regulation.

EC Regulatory Guidance

12.05.2017

When Member States give aid through financial instruments (co-)financed by the European Structural and Investment Funds, compliance with State aid rules is necessary in order to encourage economic efficiency and prevent that public support unduly distorts competition.

A Staff Working Document has been published by the European Commission to facilitate the application of State aid rules in the field of financial instruments and to point to different possibilities of achieving State aid compliance.

EC Regulatory Guidance

02.08.2016

This guidance note applies to financial instruments using the European Structural and 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.

EC Regulatory Guidance

25.02.2016

A new European Commission Guidance note has been published to clarify how Member States should deal with interest or other gains generated from the investment of European Structural and Investment Funds (ESIF) contributions to financial instruments. In the context of ESIF, the term 'treasury management' is used in relation to Article 43 of the Common provisions regulation which provides for investing the ESIF contribution to a financial instrument following the principles of sound financial management, and regulates the use of interest and other gains generated thereto.

EC Regulatory Guidance

22.02.2016

The Juncker Commission’s top priority is to get Europe growing again and to increase the number of jobs without creating new debt. The European Fund for Strategic Investments (EFSI) – the heart of the Investment Plan for Europe - and European Structural and Investment Funds (ESI Funds) both play a crucial role in creating jobs and growth.

EC Regulatory Guidance

08.12.2015

This new regulatory guidance is designed to provide consistent approaches and address Member States’ questions about the approaches that managing authorities should apply in relation to Article 42(1)(d) of the Common Provisions Regulation (CPR).