European Commission seeks greater retail participation in update to ELTIF regulation

AIFMD proposals would alter UCITS directive

Elliot Gulliver-Needham
clock • 3 min read
European Commission publishes recommendations for updated AIFMD and ELTIF regulation
Image:

European Commission publishes recommendations for updated AIFMD and ELTIF regulation

The European Commission is keen to increase the uptake of European long-term investment funds (ELTIF) among retail investors through a raft of proposals it has detailed in a recent regulatory review.

The legislative package, which revises the regulatory framework for both ELTIF and the alternative investment fund managers directive (AIFMD), which would see a greater opening of the long-term fund structure to retail investors. Following dedicated consultations last year, these recommendations will soon head for consideration by both the European Parliament and the Council of the EU. The review includes four legislative proposals, covering both AIFMD and ELTIF, but also the European Single Access Point and a review of the Markets in Financial Instruments Regulation II (MiFID II). ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

The main risk warning rules come into force on 1 December 2022, with the remainder landing on 1 February 2023.

FCA warns alternative investment firms of increasing scrutiny

New risk warning rules due in December

clock 10 August 2022 • 2 min read
Janine Hofer-Wittwer CFA, SIX
ESG

MiFID II meets ESG and EU regulation

Tight time frame

Janine Hofer-Wittwer
clock 09 August 2022 • 3 min read
Roger Clarke, CEO, IPSX

Market deregulation is key to reinforcing the UK's position in the financial world

Austin Review

Roger Clarke
clock 05 August 2022 • 3 min read
Trustpilot