Regulation (EU) 2019/1156

In force

This text since 1 Aug 2019law://eu/reg/2019/1156/art_3@2026-11-14

Contents

Article 3Definitions#

For the purposes of this Regulation, the following definitions apply:

(a)‘alternative investment funds’ or ‘AIFs’ means AIFs as defined in point (a) of Article 4(1) of Directive 2011/61/EU, and include EuVECA, EuSEF and ELTIF;

(b)‘alternative investment fund managers’ or ‘AIFMs’ means AIFMs as defined in point (b) of Article 4(1) of Directive 2011/61/EU and authorised in accordance with Article 6 of that Directive;

(c)‘EuVECA manager’ means a manager of a qualifying venture capital fund as defined in point (c) of the first paragraph of Article 3 of Regulation (EU) No 345/2013 and registered in accordance with Article 14 of that Regulation;

(d)‘EuSEF manager’ means a manager of a qualifying social entrepreneurship fund as defined in point (c) of Article 3(1) of Regulation (EU) No 346/2013 and registered in accordance with Article 15 of that Regulation;

(e)‘competent authorities’ means competent authorities as defined in point (h) of Article 2(1) of Directive 2009/65/EC or in point (f) of Article 4(1) of Directive 2011/61/EU or competent authorities of the EU AIF as defined in point (h) of Article 4(1) of Directive 2011/61/EU;

(f)‘home Member State’ means the Member State in which the AIFM, the EuVECA manager, the EuSEF manager or the UCITS management company has its registered office;

(g)‘UCITS’ means a UCITS authorised in accordance with Article 5 of Directive 2009/65/EC;

(h)‘UCITS management company’ means a management company as defined in point (b) of Article 2(1) of Directive 2009/65/EC.

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Type: Regulation · (EU) 2019/1156 · EEA relevant
Adopted: 20 Jun 2019
In force: 1 Aug 2019
Applies from: 2 Aug 2021
Made by: Council of the European Union, European Parliament
Official: EUR-Lex 32019R1156 · ELI

Topics

alternative investment capital market European Securities and Markets Authority financial legislation investment transaction marketing UCITS fund Approximation of laws Freedom of establishment Free movement of capital

History · 1 version

1 Aug 2019Reading

Connections

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Cited by 2: this act2 provisions; Directive (EU) 2019/11603 provisions

Defined terms · 6

Show every defined term

competent authorities
means competent authorities as defined in point (h) of Article 2(1) of Directive 2009/65/EC or in point (f) of Article 4(1) of Directive 2011/61/EU or competent authorities of the EU AIF as defined in point (h) of Article 4(1) of Directive 2011/61/EU;
EuSEF manager
means a manager of a qualifying social entrepreneurship fund as defined in point (c) of Article 3(1) of Regulation (EU) No 346/2013 and registered in accordance with Article 15 of that Regulation;
EuVECA manager
means a manager of a qualifying venture capital fund as defined in point (c) of the first paragraph of Article 3 of Regulation (EU) No 345/2013 and registered in accordance with Article 14 of that Regulation;
home Member State
means the Member State in which the AIFM, the EuVECA manager, the EuSEF manager or the UCITS management company has its registered office;
pre-marketing
means provision of information or communication, direct or indirect, on investment strategies or investment ideas by a manager of a qualifying venture capital fund, or on its behalf, to potential investors domiciled or with a registered office in the Union in order to test their interest in a qualifying venture capital fund which is not yet established, or in a qualifying venture capital fund which is established, but not yet notified for marketing in accordance with Article 15, in that Member State where the potential investors are domiciled or have their registered office, and which in each case does not amount to an offer or placement to the potential investor to invest in the units or shares of that qualifying venture capital fund.’;
UCITS
means a UCITS authorised in accordance with Article 5 of Directive 2009/65/EC;