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ARTICLE · 18 NOVEMBER 2024

Update On ELTIF Authorization: Enhanced Questionnaire Following New EU Regulations

Chevalier & Sciales
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On 25 October 2024, the Commission Delegated Regulation (EU) 2024/2759 (the "Delegated Regulation") was published, supplementing the revised European Long-Term Investment Fund (ELTIF) framework under the ELTIF 2.0 regime.

LuxembourgFinance and Banking
Chevalier & Sciales
Chevalier & Sciales
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On 25 October 2024, the Commission Delegated Regulation (EU) 2024/2759 (the "Delegated Regulation") was published, supplementing the revised European Long-Term Investment Fund (ELTIF) framework under the ELTIF 2.0 regime. This Delegated Regulation introduces specific guidelines for redemption policies, liquidity management, and cost disclosures—key to aligning ELTIFs with enhanced investor protections and operational standards.

Key Requirements Under the New ELTIF RTS

  • Redemption and Liquidity Management: ELTIFs must now maintain a minimum level of liquid assets to meet redemption demands and provide criteria for matching unit or share transfer requests, ensuring flexibility and liquidity.

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