ELTIF: RTS on derivatives, redemption, liquidity, asset disposal & costs
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 23mo ago
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.