ELTIF 2.0 Adopted
Published 8 March 2023
Category: ELTIFs
On 15 February 2023, the European Parliament has voted in favour of an update to the EU’s Regulation for Long-Term Investment Funds (ELTIFs), also known as ELTIF 2.0.
The reform had been proposed by the European Commission in November 2021, and we have touched upon the amendments in a previous update.
In general, the framework around (ELTIFs) has been updated as part of the EU’s wider Capital Markets Union (CMU) initiative that aims to develop the EU’s capital markets, and the amendments to the regulation include a broader scope of eligible assets, a simplified definition of ‘retail assets’, which include lighter retail investor requirements, and an increased market capitalization threshold.
Next Step: The revised regulation is expected to be published in the Official Journal of the European Union in March 2023 and will enter into force in the first quarter of 2024.
Tags: Retail Investors
Also tagged ‘Retail Investors’
ELTIF 2.0 in force
Today, 10 January 2024, the transition period for the regulation of 15 March 2023 amending the Regulation for Long-Term Investment Funds (ELTIFs), also known as ELTIF 2.0, has ended. Thus, ELTIF 2.0 has now completely entered into force.
ESMARegulatory Technical StandardsRetail InvestorsELTIF 2.0 now published in the OJEU
The amendments include a broader scope of eligible assets, a simplified definition of ‘retail assets’, which include lighter retail investor requirements, and an increased market capitalization threshold.
Retail InvestorsThe EU Commission Proposes Amendments to the Regulation of European Long-Term Investment Funds
On 25 November 2021, the European Commission published its proposal to amend the Regulation of European Long-Term Investment Funds (ELTIFs) as part of a new Capital Markets Union (CMU) legislative package.
Retail InvestorsEuropean Commission has Launched a Public Consultation on a Retail Investment Strategy
On 11 May 2021, the European Commission launched a public consultation on a retail investment strategy for Europe.
AIFMDMarketingPre-MarketingRetail InvestorsNew Directive to Amend AIFMD has been Adopted
On 14 June 2019 the Council adopted the new directive amending i.a. the Alternative Investment Fund Managers Directive (AIFMD).
AIFMDCross-BorderMarketingPre-MarketingRetail InvestorsVenture CapitalEU Parliament Approves Final Compromise to Amend AIFMD
Highlights include a definition of pre-marketing, rules on de-notification in countries with no investor interests and rules on facilities made available to retail investors.
AIFMDCross-BorderMarketingPre-MarketingRetail InvestorsCross-Border Distribution of Collective Investments Undertakings
On 16 April 2019, the European Parliament adopted the European Commission's initiatives to improve the efficiency of cross-border distribution of Alternative Investment Funds (AIFs) and EuVECA funds by increasing transparency and harmonising diverging national rules.
AIFMDCross-BorderMarketingPre-MarketingRetail InvestorsVenture CapitalOther updates
Legislative proposal for the Danish implementation of parts of the “stop-the-clock” directive
With Bill No. L 13, companies that have not yet reported under the CSRD rules will be subject to a two-year postponement in the requirements.
SustainabilityESMA publishes draft Regulatory Technical Standards on open-ended loan-originating AIFs
ESMA has published the draft Regulatory Technical Standards (RTS) on open-ended loan-originating alternative investment funds (AIFs).
AIFMDESMARegulatory Technical StandardsRisk ManagementProposal on Danish implementation of AIFMD II
The purpose of the amendments to the AIFM Act is to implement certain parts of the AIFM Directive II which entered into force on 15 April 2024.
AIFMDAIFMD reviewCross-BorderDanish RegulationChanges to financial reports for Danish UCITS
The Danish FSA has submitted a draft executive order amending the executive order on financial reports for Danish UCITS for public consultation.
Danish RegulationSFDRSustainabilityAnnual report on principal adverse impact disclosures
The European Supervisory Authority has published an annual report on principal adverse impact disclosures in accordance with Article 18 of the SFDR.
Disclosure RequirementsSFDRSustainabilityEU state aid framework enabling support to clean industry
The CISAF aims to facilitate Member States' support for clean technology manufacturing and deployment while ensuring a level playing field across the EU.
Sustainability