On 20 March 2022, Regulation (EU) 2023/606 of 15 March 2023 amending Regulation (EU) 2015/760 as regards the requirements pertaining to the investment policies and operating conditions of European long-term investment funds (“ELTIF”) and the scope of eligible investment assets, the portfolio composition and diversification requirements and the borrowing of cash and other fund rules (the “ELTIF Regulation 2.0”) was published in the Official Journal of the EU.
For an overview of the main amendments introduced by the ELTIF Regulation 2.0, we refer you to our previous newsletter article on the topic.
While the ELTIF Regulation 2.0 will enter into force 20 days following the date of its publication, amendments introduced shall apply from 10 January 2024. Nevertheless, in order to give ELTIF managers sufficient time to adapt to the new requirements, the ELTIF Regulation 2.0 provides for a transitional period of five years. For more details, we refer you to our previous newsletter article from 20 February 2023 on the topic.
Share on
