On 25 November 2021, European Commission published the Proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) 2015/760 as regards the scope of eligible assets and investments, the portfolio composition and diversification requirements, the borrowing of cash and other fund rules and as regards requirements pertaining to the authorisation, investment policies and operating conditions of European long-term investment funds (COM(2021) 722 final) (2021/0377 (COD)) to amend the ELTIF Regulation (2015/760/EU).
The condensed text below shows the proposed amendments from the COM(2021) 722 final / 2021/0377 (COD) for affected provisions only.
Provisions amended
- Article 1 Subject matter and objective
- Article 2 Definitions
- Article 3 Authorisation and central public register
- Article 5 Application for authorisation as an ELTIF
- Article 11 Qualifying portfolio undertaking
- Article 17 Application of portfolio composition and diversification rules
- Article 19 Se