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

This procedure sets out detailed rules for European long-term investment funds (ELTIFs). It specifies how these funds can use derivatives for hedging, outlines their redemption policies and liquidity management, and details conditions for transferring units, selling assets, and disclosing costs. This aims to ensure investor protection and market stability. These rules affect ELTIF managers and investors. They clarify how funds manage risks, handle investor requests to sell their stakes, and what costs must be disclosed. This ensures greater transparency and consistency in how ELTIFs operate across the EU.