BETA

6 Amendments of Astrid LULLING related to 2011/0418(COD)

Amendment 53 #
Proposal for a regulation
Article 2 – paragraph 1 a (new)
1a. European Social Entrepreneurship Fund managers that are registered under this Regulation may additionally manage UCITS subject to authorisation under Directive 2009/65/EC provided that they are external managers.
2012/03/29
Committee: ECON
Amendment 78 #
Proposal for a regulation
Article 4 – paragraph 1 a (new)
Managers of collective investment undertakings that manage portfolios of EuSEFs the total assets under management of which exceed the threshold referred to in Article 2(1) of this Regulation and that are subject to Directive 2011/61/EC may opt into the regime created by this Regulation and may use the designation "European Social Entrepreneurship Funds" in relation to the marketing of EuSEFs across the Union, provided that they comply with Articles 3, 5, 6, 9, Article 12(2) and Article 13 (c), (d) and (e) of this Regulation.
2012/03/29
Committee: ECON
Amendment 84 #
Proposal for a regulation
Article 5 – paragraph 2
2. EuSEF managers shall not borrow, issue debt obligations, provide guarantees, at the level of the EuSEF, nor employ any method, at the level of the EuSEF, by which the exposure of the fund will be increased, whether through borrowing of cash or securities, the engagement into derivative positions or by any other means.
2012/03/29
Committee: ECON
Amendment 88 #
Proposal for a regulation
Article 5 – paragraph 3 a (new)
3a. Without prejudice to other Union law, the EuSEF may also be entitled to funding from its investors through a combination of capital and debt instruments.
2012/03/29
Committee: ECON
Amendment 96 #
Proposal for a regulation
Article 6 a (new)
Article 6 a Without the prejudice of other Union law, Member States may allow EuSEF managers to market to retail investors in their territory units or shares of EuSEFs they manage in accordance with this Regulation. In such cases, Member States may impose stricter requirements on the EuSEF manager or the EuSEF than the requirement applicable to the EuSEFs marketed to professional clients in accordance with this Regulation. However, Member States shall not impose stricter or additional requirements on EuSEFs established in another Member State and marketed on a cross-border basis than EuSEFs marketed domestically.
2012/03/29
Committee: ECON
Amendment 125 #
Proposal for a regulation
Article 17
ESMA shall maintain a central database, publicly accessible on the internet, listing all EuSEFs and all EuSEF managers registered in the Union in accordance with this Regulation.
2012/03/29
Committee: ECON