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Version status: Published
Version date: 19 July 2024 - onwards
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2. Consultations prior to the adoption of the act

Between 23 May 2023 and 24 August 2023, ESMA has conducted open public consultations of stakeholders on the draft RTS and analysed the potential related costs and benefits of the proposed draft RTS. [Available: Consultation Paper - Draft regulatory technical standards under the revised ELTIF Regulation (ESMA34-1300023242-124).]

In addition, ESMA requested the advice of the Securities and Markets Stakeholder Group established by Article 37 of Regulation (EU) No 1095/2010 of the European Parliament and of the Council.

On 19 December 2023, ESMA submitted to the Commission a draft RTS specifying, among others, obligations of ELTIFs and their managers concerning the hedging of derivatives, redemption policies and liquidity management tools, the trading and issuance of units or shares of ELTIFs, and transparency-related requirements [See Final Report on draft regulatory technical standards under the revised ELTIF Regulation (ESMA34 -1300023242-159). ].

In response to the draft RTS submitted

Comparing proposed amendment...