Essentials of Financial Instruments (FIs)
Date: 02 November 2015
Time: 09:00
Duration: 2 days
Location: Brussels
Cost: Regular fee: 1550 EUR (excl. VAT)
Organiser: Lexxion Publisher
Web Link: http://www.lexxion.eu/training/eu-funds/essentials-fi-2015
Description:
The application of the Financial Instruments (FI) will significantly expand in the programming period 2014-20. FIs are not limited to specific objectives anymore, but can be implemented within all funds and priorities.
Amongst the new opportunities to ease the delivery of ESI Funds to the final recipients, there are the off-the-shelf instruments providing standard terms and conditions, which are compatible with ESI Funds regulation and State Aid rules and seek to combine public and private resources (Commission Implementing Regulation 964/2014).
The Commission also supports the use of FI enabling the Managing Authorities to get involved in the centrally-managed FI such as Horizon 2020 or COSME. Juncker's European Fund for Strategic Investments (EFSI) shall be up and running by early autumn 2015 (Regulation 2015/1017).
The Common Provisions Regulation (1303/2013) introduced many new requirements for all bodies involved in the set-up, implementation and management of Financial Instruments. Further, evaluations of lessons learnt in the last programming period are of particular importance.
