Đang chuẩn bị liên kết để tải về tài liệu:
Accompanying the document Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on European Social Entrepreneurship Funds

Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ

The Commission, in the Single Market Act 13 (SMA) undertook to put in train several measures to ensure investment funds focused on funding social undertakings can flourish. The current proposal on a European framework for social investment funds is one initiative that delivers on that commitment. The principal aim is to increase the effectiveness of the fundraising by social investment funds, and to achieve a high level of clarity as to the characteristics that distinguish social investment funds from the wider category of alternative investment funds. Only funds that comply with these characteristics shall be eligible to raise . | EUROPEAN COMMISSION Brussels XXX SEC 2011 1512 2 COMMISSION STAFF WORKING PAPER IMPACT ASSESSMENT Accompanying the document Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on European Social Entrepreneurship Funds COM 2011 862 SEC 2o11 1513 EN EN Table of Contents 1. Introduction.5 2. Procedural Issues and Consultation of Interested Parties.7 2.1. Overall context.7 2.2. Public consultation and consultation of other parties.7 2.3. Related initiatives.8 2.4. Impact Assessment Steering Group.10 2.5. IAB opinion and remarks taken into account.10 3. Key characteristics of social investment funds and their investors.11 3.1. SEF are a key financing tool for social businesses.11 3.2. Investors are increasingly seeking social returns .12 3.3. SEF are currently a small player in the investment fund sector.13 3.4. Majority of SEF are institutional.14 3.5. SEF are thinly capitalised and clustered in only a few Member States.14 3.6. The target undertakings of SEF are active in a wide range of activities.15 4. Problem definition.18 4.1. Challenges establishing an operational definition of social businesses. 18 4.2. Social businesses access to investment capital constrained.19 4.3. Investors targeting social businesses face difficulties.21 4.3.1. Key Driver 1 Investors face challenges identifying and understanding social investment propositions.21 4.3.2. Key Driver 2 Measuring or assessing social returns is difficult.22 4.4. The potential of SEFs are not fully realised.23 4.4.1. Key Driver 3 Existing rules are fragmentary and poorly tailored to the needs of SeFs. 23 4.5. Summary of Consequent Problems.26 4.6. Evolution of the market without EU action.27 4.7. What is the added value of early EU action in relation to the above problems.30 4.8. EU s right to act and justification for acting.33 5. Objectives.35 5.1. General obj ectives.35 EN 2 EN 5.2. Specific objectives.35 5.3. Operational obj ectives.35 6. Identification of Policy Options.35 6.1. Options in

crossorigin="anonymous">
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.