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New version applies from 08/06/2015.
92 provisions change.
Later versions: 10/01/2024.
ELTIF Regulation
08/06/2015 → 10/01/2024: 2 inserted · 2 removed · 33 amended · 0 moved · 5 renamed · 57 unchanged
Position-only shifts inside the same heading are not changes. Amended = the printed text changed.
Preamble
Preamble · 1 unchanged
Recitals
Recitals · 53 unchanged
Recital 1 · Recital 2 · Recital 3 · Recital 4 · Recital 5 · Recital 6 · Recital 7 · Recital 8 · Recital 9 · Recital 10 · Recital 11 · Recital 12 · Recital 13 · Recital 14 · Recital 15 · Recital 16 · Recital 17 · Recital 18 · Recital 19 · Recital 20 · Recital 21 · Recital 22 · Recital 23 · Recital 24 · Recital 25 · Recital 26 · Recital 27 · Recital 28 · Recital 29 · Recital 30 · Recital 31 · Recital 32 · Recital 33 · Recital 34 · Recital 35 · Recital 36 · Recital 37 · Recital 38 · Recital 39 · Recital 40 · Recital 41 · Recital 42 · Recital 43 · Recital 44 · Recital 45 · Recital 46 · Recital 47 · Recital 48 · Recital 49 · Recital 50 · Recital 51 · Recital 52 · Recital 53
Chapter I - GENERAL PROVISIONS
- amended Article 1 - Subject matter and objective Chapter I
- amended Article 2 - Definitions Chapter I
- amended Article 3 - Authorisation and central public register Chapter I
- amended Article 4 - Designation and prohibition on transformation Chapter I
- amended Article 5 - Application for authorisation as an ELTIF Chapter I
- amended Article 6 - Conditions for granting authorisation as an ELTIF Chapter I
- amended Article 7 - Applicable rules and liability Chapter I
Chapter II - OBLIGATIONS CONCERNING THE INVESTMENT POLICIES OF ELTIFs
- amended Article 9 - Eligible investments Chapter II › Section 1
- amended Article 10 - Eligible investment assets Chapter II › Section 1
- amended Article 11 - Qualifying portfolio undertaking Chapter II › Section 1
- amendedrenamed Article 12 - Conflicts of interest Chapter II › Section 1 was “Article 12 - Conflict of interest”
- amended Article 13 - Portfolio composition and diversification Chapter II › Section 2
- amended Article 14 - Rectification of investment positions Chapter II › Section 2
- amendedrenamed Article 15 - Concentration limits Chapter II › Section 2 was “Article 15 - Concentration”
- amended Article 16 - Borrowing of cash Chapter II › Section 2
- amended Article 17 - Application of portfolio composition and diversification rules Chapter II › Section 2
Chapter II · 1 unchanged
Chapter III - REDEMPTION, TRADING AND ISSUE OF UNITS OR SHARES OF AN ELTIF AND DISTRIBUTION OF PROCEEDS AND CAPITAL
- amendedrenamed Article 18 - Redemption of units or shares of ELTIFs Chapter III was “Article 18 - Redemption policy and life of ELTIFs”
- amended Article 19 - Secondary market Chapter III
- amended Article 20 - Issuance of new units or shares Chapter III
- amended Article 21 - Disposal of ELTIF assets Chapter III
- amended Article 22 - Distribution of proceeds and capital Chapter III
Chapter IV - TRANSPARENCY REQUIREMENTS
- amended Article 23 - Transparency Chapter IV
- amended Article 24 - Additional requirements of the prospectus Chapter IV
- amended Article 25 - Cost disclosure Chapter IV
- inserted Article 25a - Accessibility of information on the European single access point Chapter IV
Chapter V - MARKETING OF UNITS OR SHARES OF ELTIFs
- removed Article 26 - Facilities available to investors Chapter V
- amendedrenamed Article 27 - Internal assessment process for ELTIFs that can be marketed to retail investors Chapter V was “Article 27 - Internal assessment process for ELTIFs marketed to retail investors”
- removed Article 28 - Specific requirements concerning the distribution of ELTIFs to retail investors Chapter V
- amended Article 29 - Specific provisions concerning the depositary of an ELTIF marketed to retail investors Chapter V
- amendedrenamed Article 30 - Specific requirements concerning the distribution and marketing of ELTIFs to retail investors Chapter V was “Article 30 - Additional requirements for marketing ELTIFs to retail investors”
- amended Article 31 - Marketing of units or shares of ELTIFs Chapter V
Chapter VI - SUPERVISION
- amended Article 32 - Supervision by the competent authorities Chapter VI
- amended Article 33 - Powers of competent authorities Chapter VI
- amended Article 34 - Powers and competences of ESMA Chapter VI
- amended Article 35 - Cooperation between competent authorities Chapter VI
Chapter VII - FINAL PROVISIONS
- amended Article 37 - Review Chapter VII
- inserted Article 37a - Review of sustainability aspects of ELTIFs Chapter VII