Regulation on EU long-term investment funds published

Malta Financial Services Authority, Malta

Malta Financial Services Authority, Malta

The Regulation on European long-term investment funds was published in the Official Journal of the European Union on 19 May 2015.

The regulation sets out a new investment fund framework designed for investors who want to invest money into companies and projects for the long term. It contains harmonised rules for the authorisation, investment policies and operating conditions of EU alternative investment funds that are marketed in the EU as European long-term investment funds (ELTIFs).

The Regulation will come into force on 8 June 2015 and will apply across all EU Member States as from 9 December 2015.