ELTIF 2.0 Adopted

Published 8 March 2023

PrintCategory: 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’

10 Jan 2024 ELTIFsUpdates

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 Investors
20 Mar 2023 ELTIFsUpdates

ELTIF 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 Investors
6 Jan 2022 ELTIFsUpdates

The 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 Investors
14 Jun 2021 AIFsInvestors RegulationUpdates

European 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 Investors
21 Jun 2019 AIFsEuVECA

New 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 Capital
23 May 2019 AIFs

EU 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 Investors
16 Apr 2019 AIFsArticlesEuVECA

Cross-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 Capital

Other updates

4 Sep 2025 Impact and ESGUpdates

Revised sustainability standards sent for public consultation

The European Financial Reporting Advisory Group (“EFRAG”), published the draft revised European Sustainability Reporting Standards (“ESRS”).

ComplianceCSRDDisclosure RequirementsESRSSFDRSustainability
4 Sep 2025 Impact and ESGUpdates

Measures to simplify the EU Taxonomy adopted

In July, the EU Commission adopted a Delegated Act amending the Taxonomy Disclosures, Climate and Environmental Delegated Acts (the “Delegated Act”).

ComplianceCSRDDisclosure RequirementsESRSSFDRSustainability
3 Sep 2025 Impact and ESGUpdates

Sustainable investments: Requirements and practices

The Danish Financial Supervisory Authority (DFSA) has compiled a report summarizing its recent thematic reviews of sustainable financial products, key legal requirements, and central expectations.

ComplianceCSRDDisclosure RequirementsESRSSFDRSustainability
28 Aug 2025 Taxation / VATUpdates

Proposed amendments to section 7p of the Danish Tax Assessment Act

On 26 August 2025, a draft bill regarding amendments to section 7p of the Danish Tax Assessment Act was submitted for consultation.

Venture Capital
25 Aug 2025 Financial RegulationUpdates

Restrictions on Public Access to Beneficial Ownership Information

The Danish Business Authority reannounced that new restrictions on public access to information regarding beneficial owners in the Danish Business Register will be implemented.

Beneficial OwnershipKYC / AML
10 Jul 2025 Impact and ESGUpdates

ESMA Report: Improvements needed in the supervision of sustainability risks and disclosures

The report presents ESMA’s analysis and key findings from the CSA, along with its overall assessment of market participants’ adherence to applicable rules and standards.

ESMASFDRSustainability