Updated 04/02/2025
In force

Initial Legal Act
Amendments (5)
There is currently no Level 2 legal act based on or specifying Article 10.
Search within this legal act

Article 10 - Regulation 345/2013 (EuVECA Regulation)

Article 10

1.   At all times, managers of qualifying venture capital funds shall have sufficient own funds and shall use adequate and appropriate human and technical resources as necessary for the proper management of the qualifying venture capital funds that they manage.

2.   At all times, managers of qualifying venture capital funds shall ensure that they are able to justify the sufficiency of their own funds to maintain operational continuity and disclose their reasoning as to why those funds are sufficient as specified in Article 13.