EuVECA and FAS: Difference between pages

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imported>Doug Williamson
(Link with Venture capital page.)
 
imported>Doug Williamson
(Simplify and replace references to Federal (public body) financial accounting standards with those to private sector Financial Accounting Standards. Source: http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1176163688345)
 
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''EU''
1. ''US Accounting''. 


European Venture Capital Fund (EuVECA) - such funds being the subject of the [http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:115:0001:0017:EN:PDF European Union Regulation 345/2013].
Financial Accounting Standard issued by the Financial Accounting Standards Board.  


The regime is optionally available to fund managers in the [[European Economic Area]] (EEA) that fall below the €500m threshold of the Alternative Investment Fund Managers Directive ([[AIFMD]]). It gives a passport for raising capital across the EEA by marketing to qualified investors and subject to registration, observance of certain rules for investment and observation of regulatory requirements. Investment has to be primarily in [[Small and Medium-sized Enterprises]] (SMEs). Borrowing (leverage) by the fund is not generally allowed.


EuVECA is distinguished from a European Social Enterprise Fund ([[EuSEF]]) mostly by its investments which are not required to have the primary objective of achieving measurable, positive social impacts.
2. ''UK Pensions''. 


A fund that grows beyond the €500m limit must gain authorisation under the AIFMD - subject to which it may continue to use the EuVECA designation if it meets the other EuVECA requirements.
Financial Assistance Scheme.


== See also ==
* [[FASB]]
* [[Financial Accounting Standards Board]]
* [[Financial Assistance Scheme]]
* [[FRS]]
* [[IAS]]
* [[IFRS]]
* [[SSAP]]
* [[Statement of financial accounting standard]]


==See also===
[[Category:Accounting,_tax_and_regulation]]
*[[Social impact bond]]
*[[Venture capital]]
 
[[Category:Investment]]

Revision as of 12:14, 10 January 2014

1. US Accounting.

Financial Accounting Standard issued by the Financial Accounting Standards Board.


2. UK Pensions.

Financial Assistance Scheme.

See also

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