lexiara

art_58__para_3

3. Appropriate support from the Funds through financial instruments shall be based on an ex ante assessment drawn up under the responsibility of the managing authority. The ex ante assessment shall be completed before managing authorities make programme contributions to financial instruments. The ex ante assessment shall include at least the following elements: the proposed amount of programme contribution to a financial instrument and the estimated leverage effect accompanied by a short justification; the proposed financial products to be offered, including the possible need for differentiated treatment of investors; the proposed target group of final recipients; the expected contribution of the financial instrument to the achievement of specific objectives. The ex ante assessment may be reviewed or updated, may cover part or the entire territory of the Member State, and may be based on existing or updated ex ante assessments.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-28 · Text as adopted (Official Journal); later amendments are not incorporated in this text.