Retained EU Law SI 2013/345 United Kingdom

Regulation (EU) No 345/2013 of the European Parliament and of the Council of 17 April 2013 on European venture capital funds (Text with EEA relevance)

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person6 Data Controller1 Director or Officer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts
Data Controller — also bound by 35 other Acts
Director or Officer — also bound by 429 other Acts
Companies Act 2006 126 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art005 (1) Managers of qualifying venture capital funds shall ensure that,... Regulated
  • Follow investment limits and leverage rules for qualifying venture capital fundsAny Person
s.art006 (1) Managers of qualifying venture capital funds shall market the... Regulated
  • Market venture capital fund shares only to eligible investorsAny Person
s.art007 Managers of qualifying venture capital funds shall, in relation to... Regulated
  • Act honestly, fairly and with due skill; prevent malpractices; put investors first; treat all investors fairlyDirector or Officer
s.art009 (1) Managers of qualifying venture capital funds shall identify and... Regulated
  • Identify, manage and disclose conflicts of interestAny Person
s.art010 (1) At all times, managers of qualifying venture capital funds... Regulated
  • Maintain sufficient own funds and resources for venture capital fund managementAny Person
s.art012 (1) Managers of qualifying venture capital funds shall make available... Regulated
  • Submit annual report to FCA and provide to investors on requestAny Person
s.art013 (1) Managers of qualifying venture capital funds shall, in relation... Regulated
  • Give investors full written information before they investAny Person
s.art014 (1) Managers of qualifying venture capital funds that intend to... Regulated
  • Notify FCA before marketing funds as 'RVECA' venture capital fundsData Controller
24 other provisions — procedural and definitional
s.art001 This Regulation lays down uniform requirements and conditions for managers...
s.art002 (1) This Regulation applies to managers of collective investment undertakings...
s.art003 For the purposes of this Regulation, the following definitions apply:...
s.art004 Managers of qualifying venture capital funds that comply with the...
s.art008 (1) Where a manager of a qualifying venture capital fund...
s.art011 (1) Rules for the valuation of assets shall be laid...
s.art014 (1) Managers of collective investment undertakings who have permission under...
s.art014 Member States shall ensure that any refusal to register a...
s.art015 Managers of qualifying venture capital funds shall inform the competent...
s.art016 (1) The competent authority of the home Member State shall...
s.art016 (1) For the purpose of organising and conducting peer reviews...
s.art017 (1) The FCA shall maintain a central database that is...
s.art018 (1) The FCA shall supervise compliance with the requirements laid...
s.art019 Competent authorities shall, in accordance with national law, have all...
s.art020 (1) Member States shall lay down the rules on administrative...
s.art021 (1) While respecting the principle of proportionality, the FCA shall...
s.art021 The powers conferred on the FCA in respect of AIFMs...
s.art022 (1) Competent authorities and ESMA shall cooperate with each other...
s.art023 (1) All persons who work or who have worked for...
s.art024 In the event of disagreement between competent authorities of Member...
s.art025 (1) Any power to make regulations conferred on the Treasury...
s.art026 (1) The Commission shall review this Regulation in accordance with...
s.art027 (1) By 22 July 2017, the Commission shall start a...
s.art028 This Regulation shall enter into force on the twentieth day...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.