GBER: With reference to the ex-ante assessment, please provide a summary of its economic evidence and appropriate justification: (e) Alternative trading platforms not fulfilling the conditions of Article 23 of the GBER: With reference to the ex-ante assessment, please provide a summary of its economic evidence and appropriate justification: (f) Other: With reference to the ex-ante assessment, please provide a summary of its economic evidence and appropriate justification: 2.4. Financial instruments: the ex-ante assessment demonstrates a need for the following design parameters not complying with the GBER (paragraph 80 to 86 RFG): (a) Independent private investors' participation below the ratios required in Article 21(10) of the GBER (paragraphs 80 to 81 RFG). With reference to the ex-ante assessment, please provide a summary of its economic evidence and appropriate justification for having ratios the ratios required in the GBER: (b) Financial instruments with design parameters above the ceilings provided for in the GBER, that is to say where the public investor takes more risk than allowed under the GBER (paragraphs 82 – 83 RFG). With reference to the ex-ante assessment, please provide a summary of its economic evidence and appropriate justification for having design parameters above the ceilings provided for in the GBER: (c) Financial instruments other than guarantees where investors, financial intermediaries and their managers are selected by giving preference to downside protection over asymmetric profit-sharing. With reference to the ex-ante assessment, please provide a summary of its economic evidence and appropriate justification: (d) Other: With reference to the ex-ante assessment, please provide a summary of its economic evidence and appropriate justification:
3. Further information for the compatibility assessment of the aid scheme 3.1. Contribution to a common objective and need for State intervention (3.2 & 3.3 RFG) A risk finance aid scheme can only be justified if it is targeted at addressing a specific market failure, in the form of the existence of a funding gap affecting specific undertakings in a specific development stage, geographic area and, if applicable, economic sector. Please submit the in-depth ex-ante assessment that proves the specific market failure, together with this notification. 3.1.1. Information on the ex-ante assessment (paragraphs 65-66 RFG): Date of the ex-ante assessment: The assessment has been carried out by: an independent entity an entity linked to the following public authority: Data on the assessment is based: Please tick to confirm that the ex-ante assessment is based on data covering 5 years preceding the notification: 3.1.2. Identification in the ex-ante assessment of the specific policy objectives and performance indicators for the risk finance scheme (paragraphs 58–59 RFG): Please list the identified specific policy objectives and make reference to the relevant section in the ex-ante assessment: Please list the defined performance indicators (see examples in paragraph 58 RFG) and make reference to the relevant section in the ex-ante assessment: 3.1.3. Economic evidence and justification in the ex-ante assessment for the need for State intervention (section 3.3 RFG): see sections 2.3, 2.4, and 2.5 of this form. 3.2. Appropriateness and incentive effect of the risk finance scheme (sections 3.4 & 3.5 RFG) 3.2.1. General: A) By reference to the ex-ante assessment, please explain why the existing and envisaged national and EEA policy actions targeting the same identified market failures cannot adequately address the identified market failures (paragraphs 90–91 RFG):