The target of this practical two-day seminar is to offer space for staff from managing authorities, intermediate bodies and the financial institutions involved in the implementation of ESIF-funded financial instruments where they can exchange and discuss their experience and good practice and find guidance for future cooperation. Our advanced seminar will support a sound selection and remuneration of financial intermediaries in compliance with State aid and public procurement rules. An additional focus lies on how to ensure a smooth cooperation between all bodies implementing FIs on different management levels, the challenges of good communication, continuous monitoring as well as of financial management, also in regard to the closure of financial instruments 2007-13.  
The participants will be actively involved in the training. The sessions will combine presentations, case studies and discussion on practical problems. You will have ample opportunities to present your own problematic issues and discuss them with the speakers and participants from other Member States.

Topics

• Legislative framework for decentralised financial instruments
• The theory and practice of structuring of financial instruments
• Public procurement and the design of competitive calls
• Ensuring compliance with State aid rules
  • Management costs and fees for financial intermediaries (incl. practical exercises)
• Best practice: How to ensure good cooperation between Managing Authorities
• and Fund of Funds/Financial intermediaries
• Sharing your experience about how to cooperate with different bodies involved in the implementation of a financial instrument (workshop & group work)
• Financial Engineering Instruments and Closure of the Programming Period 2007-13  Outstanding Challenges