# Regulation (EU) No 1288/2013 of the European Parliament and of the Council of 11 December 2013 establishing 'Erasmus+': the Union programme for education, training, youth and sport and repealing Decisions No 1719/2006/EC, No 1720/2006/EC and No 1298/2008/EC (Text with EEA relevance), Division 1: Selection of financial intermediaries

Extent: E+W+S+N.I.

Following a call for expressions of interest, financial intermediaries shall be selected in conformity with best market practice, having regard to, inter alia:
(a) the volume of financing to be made available to students;
(b) the most favourable possible terms offered to students, subject to compliance with the minimum standards of lending as set out in paragraph 2;
(c) access to finance by all residents of Programme countries as referred to in Article 24(1);
(d) fraud prevention measures; and
(e) adherence to Directive 2008/48/EC of the European Parliament and of the Council.

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Source: https://www.legislation.gov.uk/eur/2013/1288/annex/II/division/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-1288/annex-II/division-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.