Article 19
Competent authorities shall, in accordance with national law, have all supervisory and investigatory powers that are necessary for the exercise of their functions. They shall, in particular, have the power to:
(a)
request access to any document in any form, and to receive or take a copy thereof;
(b)
require the manager of a qualifying venture capital fund to provide information without delay;
(c)
require information from any person related to the activities of the manager of a qualifying venture capital fund or of the qualifying venture capital fund;
(d)
carry out on-site inspections with or without prior announcement;
(e)
take appropriate measures to ensure that a manager of a qualifying venture capital fund continues to comply with this Regulation;
(f)
issue an order to ensure that a manager of a qualifying venture capital fund complies with this Regulation and desists from a repetition of any conduct that may consist of a breach of this Regulation.
ESMA shall organise and conduct peer reviews in accordance with Article 30 of Regulation (EU) No 1095/2010 in order to strengthen the consistency of the processes in relation to supervisory and investigatory powers carried out by competent authorities pursuant to this Regulation.