Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-259-500"
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"en.20120913.29.4-259-500"2
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"In favour of the amended proposal (the final vote on the legislative resolution was postponed). What did the Greens get? Good things: The Economic Affairs Committee report voted on included our requests concerning what counts as a social enterprise and the ability to invest outside the EU as well as enhanced reporting on the social impact of EuSEF investments. We also obtained an opening to retail funds via an amendment to the UCITS directive (governing retail investment funds) allowing a limited amount of such funds to be invested in EuSEFs (plus a review of further measures to boost retail investment in this sector). Less good things: the extensive text we had proposed setting out criteria for assessing social impact (based on other EU assessments related to the social economy) and requiring the European supervisor (ESMA) to provide harmonisation was reduced to a more general set of criteria (although this was still much better than the original proposal) and the reporting requirements for non-social enterprise investments were similarly watered down. Overall, the report adopted was a good one from the Green perspective."@en1
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