Contents
- Table of content:(1)Preamble(2)Definitions(3)Scope and obj…
- 1. Preamble
- 2. Definitions
- 3. Scope and objective
- 4. Policy objectives and ex-ante assessment
- 5. Final recipients
- 6. Financial advantage and state aid
- 7. Investment, guarantee or lending policy
- 8. Activities and operations
- 9. Target results
- 10. Role and liability of the financial intermediary: risk and revenue sharing
- 11. Management and audit of the financial instrument1 change
- 12. Programme contribution
- 13. Payments
- 14. Account management
- 15. Administrative costs
- 16. Duration and eligibility of expenditure at closure
- 17. Re-utilisation of resources paid by the managing authority (including interest yielded)1 change
- 18. Capitalisation of interest rate subsidies, guarantee fee subsidies (if applicable)
- 19. Governance of the financial instrument
- 20. Conflicts of interest
- 21. Reporting and monitoring
- 22. Evaluation
- 23. Visibility and transparency
- 24. Exclusivity
- 25. Settlement of disputes
- 26. Confidentiality
- 27. Amendment of the agreement and transfer of rights and obligations
Provisions on the remuneration of the financial intermediary on the calculation and payment of management costs and fees to the financial intermediary and in accordance with Articles 12 and 13 of Delegated Regulation (EU) No 480/2014.
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