icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Regulation 2015/760/EU of the European Parliament and of the Council of 29 April 2015 on European long-term investment funds (ELTIF Regulation) (Text with EEA relevance)RecitalsChapter I General provisions (arts. 1-7)Article 1 Subject matter and objectiveArticle 2 DefinitionsArticle 3 Authorisation and central public registerArticle 4 Designation and prohibition on transformationArticle 5 Application for authorisation as an ELTIFArticle 6 Conditions for granting authorisation as an ELTIFArticle 7 Applicable rules and liabilityChapter II Obligations concerning the investment policies of ELTIFs (8-17)Section 1 General rules and eligible assets (arts. 8-12)Article 8 Investment compartmentsArticle 9 Eligible investmentsArticle 10 Eligible investment assetsArticle 11 Qualifying portfolio undertakingArticle 12 Conflict of interestSection 2 Provisions on investment policies (arts. 13-17)Article 13 Portfolio composition and diversificationArticle 14 Rectification of investment positionsArticle 15 Concentration limitsArticle 16 Borrowing of cashArticle 17 Application of portfolio composition and diversification rulesChapter III Redeption, trading and issue of UNITS or shares of an ELTIF and distribution of proceeds and capital (arts. 18-22)Article 18 Redemption of units or shares of ELTIFsArticle 19 Secondary marketArticle 20 Issuance of new units or sharesArticle 21 Disposal of ELTIF assetsArticle 22 Distribution of proceeds and capitalChapter IV Transparency requirements (arts. 23-25a)Article 23 TransparencyArticle 24 Additional requirements of the prospectusArticle 25 Cost disclosureArticle 25a Accessibility of information on the European single access pointChapter V Margeting of UNITS or shares of ELTIFs (arts. 26-31)Article 26 Facilities available to investorsArticle 27 Internal assessment process for ELTIFs that can be marketed to retail investorsArticle 28 Specific requirements concerning the distribution of ELTIFs to retail investorsArticle 29 Specific provisions concerning the depositary of an ELTIF marketed to retail investorsArticle 30 Specific requirements concerning the distribution and marketing of ELTIFs to retail investorsArticle 31 Marketing of units or shares of ELTIFsChapter VI Supervision (arts. 32-35)Article 32 Supervision by the competent authoritiesArticle 33 Powers of competent authoritiesArticle 34 Powers and competences of ESMAArticle 35 Cooperation between competent authoritiesChapter VII Final provisions (arts. 36-38)Article 36 Processing of applications by the CommissionArticle 37 ReviewArticle 37a Review of sustainability aspects of ELTIFsArticle 38 Entry into forceDone at
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 27th December 2024
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext

Chapter III Redeption, trading and issue of UNITS or shares of an ELTIF and distribution of proceeds and capital (arts. 18-22)

Article 18 Redemption of units or shares of ELTIFs
Article 19 Secondary market
Article 20 Issuance of new units or shares
Article 21 Disposal of ELTIF assets
Article 22 Distribution of proceeds and capital
PreviousNext