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Regulation (EU) No 346/2013 Article 19

Regulation (EU) No 346/2013 Article 19

Article 19

1.   The competent authority of the home Member State shall supervise compliance with the requirements laid down in this Regulation. 2.   Where there are clear and demonstrable grounds that lead the competent authority of the host Member State to believe that the manager of a qualifying social entrepreneurship fund is in breach of this Regulation within its territory, it shall promptly inform the competent authority of the home Member State accordingly. The competent authority of the home Member State shall take appropriate measures. 3.   If the manager of a qualifying social entrepreneurship fund persists in acting in a manner that is clearly in breach of this Regulation despite measures taken by the competent authority of the home Member State or because that competent authority has failed to take measures within reasonable time, the competent authority of the host Member State may, after informing the competent authority of the home Member State, take all the appropriate measures in order to protect investors, including prohibiting the manager of a qualifying social entrepreneurship fund from carrying out any further marketing of its qualifying social entrepreneurship funds within the territory of the host Member State.

Read the full instrument → · Read this in context: CHAPTER III — SUPERVISION AND ADMINISTRATIVE COOPERATION →

Other provisions in CHAPTER III — SUPERVISION AND ADMINISTRATIVE COOPERATION

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 19 of Regulation (EU) No 346/2013 (LawPlayer, data as of 2026-07-04)

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