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European
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EU Regulations
2015
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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)
Recitals
Chapter I General provisions (arts. 1-7)
Article 1 Subject matter and objective
Article 2 Definitions
Article 3 Authorisation and central public register
Article 4 Designation and prohibition on transformation
Article 5 Application for authorisation as an ELTIF
Article 6 Conditions for granting authorisation as an ELTIF
Article 7 Applicable rules and liability
Chapter II Obligations concerning the investment policies of ELTIFs (8-17)
Section 1 General rules and eligible assets (arts. 8-12)
Article 8 Investment compartments
Article 9 Eligible investments
Article 10 Eligible investment assets
Article 11 Qualifying portfolio undertaking
Article 12 Conflict of interest
Section 2 Provisions on investment policies (arts. 13-17)
Article 13 Portfolio composition and diversification
Article 14 Rectification of investment positions
Article 15 Concentration limits
Article 16 Borrowing of cash
Article 17 Application of portfolio composition and diversification rules
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
Chapter IV Transparency requirements (arts. 23-25a)
Article 23 Transparency
Article 24 Additional requirements of the prospectus
Article 25 Cost disclosure
Article 25a Accessibility of information on the European single access point
Chapter V Margeting of UNITS or shares of ELTIFs (arts. 26-31)
Article 26 Facilities available to investors
Article 27 Internal assessment process for ELTIFs that can be marketed to retail investors
Article 28 Specific requirements concerning the distribution of ELTIFs to retail investors
Article 29 Specific provisions concerning the depositary of an ELTIF marketed to retail investors
Article 30 Specific requirements concerning the distribution and marketing of ELTIFs to retail investors
Article 31 Marketing of units or shares of ELTIFs
Chapter VI Supervision (arts. 32-35)
Article 32 Supervision by the competent authorities
Article 33 Powers of competent authorities
Article 34 Powers and competences of ESMA
Article 35 Cooperation between competent authorities
Chapter VII Final provisions (arts. 36-38)
Article 36 Processing of applications by the Commission
Article 37 Review
Article 37a Review of sustainability aspects of ELTIFs
Article 38 Entry into force
Done at
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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)
Chapter VI Supervision (arts. 32-35)
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Chapter VI Supervision (arts. 32-35)
Article 32 Supervision by the competent authorities
Article 33 Powers of competent authorities
Article 34 Powers and competences of ESMA
Article 35 Cooperation between competent authorities
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