2015R0760 - Summary
REGULATION (EU) 2015/760 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 29 April 2015 on European long-term investment funds (Text with EEA relevance)
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🇫🇷 French Version: 2015R0760_FR.0. Open the PDF. Direct link to EUR-LEX.
CHAPTER I - GENERAL PROVISIONS
Article 1 - Subject matter and objective
Article 2 - Definitions
Article 3 - Authorisation and central public register
Article 4 - Designation and prohibition on transformation
Article 5 - Application for authorisation as an ELTIF
Article 6 - Conditions for granting authorisation as an ELTIF
Article 7 - Applicable rules and liability
CHAPTER II - OBLIGATIONS CONCERNING THE INVESTMENT POLICIES OF ELTIFs
SECTION 1 - General rules and eligible assets
Article 8 - Investment compartments
Article 9 - Eligible investments
Article 10 - Eligible investment assets
Article 11 - Qualifying portfolio undertaking
Article 12 - Conflicts of interest
SECTION 2 - Provisions on investment policies
Article 13 - Portfolio composition and diversification
Article 14 - Rectification of investment positions
Article 15 - Concentration limits
Article 16 - Borrowing of cash
Article 17 - Application of portfolio composition and diversification rules
CHAPTER III - REDEMPTION, TRADING AND ISSUE OF UNITS OR SHARES OF AN ELTIF AND DISTRIBUTION OF PROCEEDS AND CAPITAL
Article 18 - Redemption of units or shares of ELTIFs
Article 19 - Secondary market
Article 20 - Issuance of new units or shares
Article 21 - Disposal of ELTIF assets
Article 22 - Distribution of proceeds and capital
CHAPTER IV - TRANSPARENCY REQUIREMENTS
Article 23 - Transparency
Article 24 - Additional requirements of the prospectus
Article 25 - Cost disclosure
Article 25a - Accessibility of information on the European single access point
CHAPTER V - MARKETING OF UNITS OR SHARES OF ELTIFs
Article 27 - Internal assessment process for ELTIFs that can be marketed to retail investors
Article 29 - Specific provisions concerning the depositary of an ELTIF marketed to retail investors
Article 30 - Specific requirements concerning the distribution and marketing of ELTIFs to retail investors
Article 31 - Marketing of units or shares of ELTIFs
CHAPTER VI - SUPERVISION
Article 32 - Supervision by the competent authorities
Article 33 - Powers of competent authorities
Article 34 - Powers and competences of ESMA
Article 35 - Cooperation between competent authorities
CHAPTER VII - FINAL PROVISIONS
Article 36 - Processing of applications by the Commission
Article 37 - Review
Article 37a - Review of sustainability aspects of ELTIFs
Article 38 - Entry into force