Eltifs: Esma opens consultation on technical standards

Europe’s top financial supervisor on Tuesday said it has opened up a consultation on the draft technical standards for European Long Term Investment Funds, or Eltifs, to collect input from the industry. Interested stakeholders have until 24 August to provide input.

The standards, known formally as the ‘RTS’, shed more light on the redemption policies and matching mechanism for Eltifs. The consultation also asks the industry to comment on the proposed disclosure requirements for costs of Eltifs. 

Related articles on Investment Officer Luxembourg:

• Luxembourg to encourage Eltif uptake with tax exemption bill
• At least 20 new Luxembourg Eltif funds expected this year
• IO Talks: Linklaters’ Silke Bernard on Eltif 2.0 prospects