1. European
  2. EC - European Commission
  3. EC Drafts
  4. 2024
Date-stamp loading
  1. Commission Delegated Regulation (EU) …/... of 19.7.2024 supplementing Regulation (EU) 2015/760 of the European Parliament and of the Council with regard to regulatory technical standards specifying when derivatives will be used solely for hedging the risks inherent to other investments of the European long-term investment fund (ELTIF), the requirements for an ELTIF’s redemption policy and liquidity management tools, the circumstances for the matching of transfer requests of units or shares of the ELTIF, certain criteria for the disposal of ELTIF assets, and certain elements of the costs disclosure (Text with EEA relevance) (C(2024) 4991 final) (ELTIF 2.0 RTS) (Final act signed 19 July 2024)
  2. COMMISSION DELEGATED REGULATION (EU) …/... of 19.7.2024 supplementing Regulation (EU) 2015/760 of the European Parliament and of the Council with regard to regulatory technical standards specifying when derivatives will be used solely for hedging the risks inherent to other investments of the European long-term investment fund (ELTIF), the requirements for an ELTIF’s redemption policy and liquidity management tools, the circumstances for the matching of transfer requests of units or shares of the ELTIF, certain criteria for the disposal of ELTIF assets, and certain elements of the costs disclosure (Text with EEA relevance)
  3. Article 6 Criteria to determine the percentage referred to in Article 18(2), first subparagraph, point (d), of Regulation (EU) 2015/760
Previous Next
Version status: Published
Version date: 19 July 2024 - onwards
    Version 1 of 1    

Article 6 Criteria to determine the percentage referred to in Article 18(2), first subparagraph, point (d), of Regulation (EU) 2015/760

1. When determining the percentage referred to in Article 18(2), first subparagraph, point (d), of Regulation (EU) 2015/760, the manager of an ELTIF shall take into account all of the following elements:

(a) the ELTIF’s liquidity profile, assets and liabilities, risks of liquidity mismatches, and expected inflows and outflows;

(b) the life-cycle of the assets of the ELTIF, the life of the ELTIF, the overall stability of the investment strategy of the ELTIF throughout its life and the potential market events that may affect the ELTIF;

(c) the planned and expected frequency of redemptions of the ELTIF and the risks of dilution effects of such redemptions for investors;

(d) the availability and nature of existing liquidity management tools;

(e) the financial performance of the ELTIF, including the free cash flows and the ELTIF’s balance sheet;

(f) potential market circumstances and conditions that would affect the ELTIF when the percentage is set, and the extent to which the units or

…
Comparing proposed amendment...
Previous Next