Proposed Amendments To ELTIF 2.0 Draft Technical Standards Mitigate The Challenges

THE EU COMMISSION ENDORSES THE OBJECTIVE OF THE ELTIF REGULATORY REFORM AND SUPPORTS EFFORTS TO FURTHER INCREASE THE ELTIF'S ATTRACTIVENESS. TAKING THIS INTO ACCOUNT, IT PROPOSES AMENDMENTS TO THE DRAFT REGULATORY TECHNICAL STANDARDS FOR THE ELTIF 2.0 REGIME THAT REFLECT MARKET PRACTICE AND CATER FOR THE BURGEONING ELTIF INDUSTRY.

On 6 March 2024, the EU Commission wrote to ESMA commenting on the draft regulatory technical standards (RTS) for Regulation (EU) 2015/760 on European long-term investment funds (ELTIFs) as amended by Regulation (EU) 2023/606, also known as the ELTIF 2.0 regime. ESMA had prepared and submitted the draft RTS for adoption in December 2023. Read more_