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How to obtain the label Finansol? The four-step procedure.
The promoter of the social product must become a member of the FAIR association, which means gaining approval by the FAIR board.
The promoter submits a file containing all the necessary information on the specifics of its solidarity vehicle (nature, purpose, objectives, targeted public, management, fees, ect.).
The file is examinated by the label Committee who can either deliver or refuse to deliver the label until additional information is given by the promoter.
Once a label has been granted, the promoter must fill in an annual statement on the results obtained and comply with the label Committee regulations.
The FAIR association, what for?
Social impact finance being rather specific and novel, the French saver or investor is entitled to knowing what his money is being put towards to. For this reason, the fo...
The Finansol label Committee is an independent board in charge of running the process of labellization.