3. Where the manager of a qualifying social entrepreneurship fund is required to publish a prospectus in accordance with Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading (11) or in accordance with national law in relation to the qualifying social entrepreneurship fund, the information referred to i ...[+++]n paragraph 1 of this Article may be provided separately or as a part of the prospectus.

4. Where the manager of a qualifying social entrepreneurship fund is required to make public an annual financial report in accordance with Article 4 of Directive 2004/109/EC of the European Parliament and Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers the securities of which are admitted to trading on a regulated market (10) in relation to the qualifying social entrepreneurship fu ...[+++]nd the information referred to in paragraphs 1 and 2 of this Article may be provided separately or as an additional part of the annual financial report.

· By reinforcing and interlinking the various funding initiatives at its disposal (European Regional Development Fund (ERDF), European Social Fund, Cohesion Fund, European Agricultural Fund for Rural Development, European Maritime and Fisheries Fund and the Instrument for Pre-Accession Assistance) the EU can have a positive impact on the development of the Arctic for the benefit of local communities and indigenous peoples.

Further simplification of the mechanisms relating to the Regional Development Fund, the European Social Fund and the Cohesion Fund is a good idea, and will be good for expenditure.

Direct transfer of funds and potential direct transfer of funds or liabilities, for example Policy loans to the stainless steel cold rolled flat products industry; Equity programmes (2): for example Debt-for-equity swaps, Equity infusion, Unpaid dividends for SOEs; Grant programmes: for example China World Top Brand Programme, Famous Brands Programmes/sub-central Government programmes to promote famous export brands (for example Chongqing; Hubei; Ma'anshan: Wuhan Famous Brands and Shandong Province Top Brands Programme), Programmes to rebate antidumping legal fees, The State Key Technology Project Fund, Export as ...[+++]sistance grants; Regional Programmes (3): for example The Northeast Revitalization Programme, Export Interest Subsidies, Export Loans, Grants under the Science and Technology Programme of Jiangsu Province, Liaoning Province Grants — Five Point One Line Programme, Subsidies provided in the Tianjin Binhai New Area (TBNA) and the Tianjin Economic and Technological Development Area: Science and Technology Fund,

However, the most important issue which the new proposals fail to address is a change in philosophy of the Structural Funds, from their current auxiliary function to a means of really promoting social and economic development, so that they can become real tools for social policy and for rectifying inequalities between countries and regions.