Implementation of EFSD guarantee agreements
- Ensure EFSD guarantee agreements meet EU content and procedural rules
Retained EU Law
2017
United Kingdom
Regulation (EU) 2017/1601 of the European Parliament and of the Council of 26 September 2017 establishing the European Fund for Sustainable Development (EFSD), the EFSD Guarantee and the EFSD Guarantee Fund
At a glance
What's here
5 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Reporting and accounting
- Eligible counterparts must provide audited financial reports annually
Transparency, communication, and public disclosure of information
- Publish details of all EFSD-backed financing on your website
Anti-fraud measures
- Report fraud and cooperate with OLAF investigations
Excluded activities and non-cooperative jurisdictions
- Ensure your financing operations do not support money laundering or involve non-cooperative jurisdictions
Browse 18 other sections — procedural / definitional / commencement
Subject matter
Definitions
Purpose
Structure of the EFSD
Strategic board of the EFSD
Regional operational boards
The EFSD Guarantee
Requirements for the use of the EFSD Guarantee
Eligibility criteria for the use of the EFSD Guarantee
Eligible instruments for the EFSD Guarantee
Eligibility and selection of counterparts
Coverage and terms of the EFSD Guarantee
The EFSD Guarantee Fund
Funding of the EFSD Guarantee Fund from the general budget of the Union
Evaluation and review
Grievance and redress mechanism
Auditing by the Court of Auditors
Entry into force
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