Legal News

ESMA sends European Commission proposed changes to ELTIF RTS

Published on: 22 April 2024
Published by LNB News

LNB News 22/04/2024

Document Information

Issue Date: 22 April 2024

Published Date: 22 April 2024

Jurisdiction(s): Eire and European Union

Article summary

The European Securities and Markets Authority (ESMA) has published an opinion sent to the European Commission with proposed amendments to the European long-term investment fund (ELTIF) regulatory technical standards (RTS). ESMA suggests that there should be a limited number of changes to find the right balance between protecting retail investors and contributing to the capital market union objectives. The Commission may adopt the RTS with the amendments it considers relevant or reject it.

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