Retained EU Law SI 2017/1601 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

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 Person5

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

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.art013 Implementation of EFSD guarantee agreements Regulated
  • Ensure EFSD guarantee agreements meet EU content and procedural rulesAny Person
s.art016 Reporting and accounting Regulated
  • Eligible counterparts must provide audited financial reports annuallyAny Person
s.art018 Transparency, communication, and public disclosure of information Regulated
  • Publish details of all EFSD-backed financing on your websiteAny Person
s.art021 Anti-fraud measures Regulated
  • Report fraud and cooperate with OLAF investigationsAny Person
s.art022 Excluded activities and non-cooperative jurisdictions Regulated
  • Ensure your financing operations do not support money laundering or involve non-cooperative jurisdictionsAny Person
18 other provisions — procedural and definitional
s.art001 Subject matter
s.art002 Definitions
s.art003 Purpose
s.art004 Structure of the EFSD
s.art005 Strategic board of the EFSD
s.art006 Regional operational boards
s.art007 The EFSD Guarantee
s.art008 Requirements for the use of the EFSD Guarantee
s.art009 Eligibility criteria for the use of the EFSD Guarantee
s.art010 Eligible instruments for the EFSD Guarantee
s.art011 Eligibility and selection of counterparts
s.art012 Coverage and terms of the EFSD Guarantee
s.art014 The EFSD Guarantee Fund
s.art015 Funding of the EFSD Guarantee Fund from the general budget of the Union
s.art017 Evaluation and review
s.art019 Grievance and redress mechanism
s.art020 Auditing by the Court of Auditors
s.art023 Entry into force

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